NATIONAL BANK OF GREECE S.A.: Insufficient fulfilment of information obligations

The Hellenic DPA has imposed a fine of EUR 20,000 on NATIONAL BANK OF GREECE S.A.. In the context of the use of certain debit/credit cards, information of the last 10 transactions were stored on the chip of the card without the customers' explicit consent. This information could be read out later. The DPA found that the bank had failed to inform affected customers about this storage of transaction information and therefore violated Art. 13 GDPR.

GDPR Articles: Art. 13 GDPR
Industry: Finance, Insurance and Consulting