Promise Not Fulfilled: FinTech, Data Privacy, and the GDPR

URN to cite this document:: urn:nbn:de:bvb:355-epub-534906
DOI to cite this document:: 10.5283/epub.53490

Dorfleitner, Gregor

; Hornuf, Lars

; Kreppmeier, Julia

License: Creative Commons Attribution 4.0
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Date of publication of this fulltext: 22 Feb 2023 15:16

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Abstract

This article analyzes how the General Data Protection Regulation (GDPR) has affected the privacy practices of FinTech ﬁrms. We study the content of 276 privacy statements respectively before and after the GDPR became binding. Using text analysis methods, we ﬁnd that the readability of the privacy statements has decreased. The texts of privacy statements have become longer and use more ...