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How M1 protects and handles your personal data

Updated over a month ago

M1 takes your privacy and data security seriously. This article explains what types of personal information M1 collects, how your data is protected, if it’s shared, and what your rights are as a client. We are committed to transparency in our data protection practices.

How M1 uses your personal information

  • M1 encrypts your personal information both in transit (between your computer and M1) and at rest (while stored on our servers).

  • Your personal information has restricted access and is only used for the purpose of protecting your account and verifying your account information.

What personal data does M1 collect?

M1 may collect the following types of personal information as allowed or required by law:

  • Identity information: Name, address, date of birth, Social Security number or other government-issued ID

  • Contact information: Email address, phone number, mailing address

  • Financial information: Account numbers, income, employment information, financial assets, transaction history

  • Device and usage information: IP addresses, browser type, operating system, device identifiers, usage logs on the M1 platform

  • Other customer data: Communications with M1, preferences, and consents

Data storage and encryption practices

  • All data transferred and stored within M1 systems is protected using modern, proven, and trusted security practices, standards, and technologies.

  • Bank credentials are never stored by M1. Instead, a secure token (electronic key) is provided when you link your bank account. This token allows access for actions like funding or withdrawals and is considered highly secure.

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This content was generated using artificial intelligence and is intended for informational and educational purposes only. While reasonable efforts are made to ensure accuracy, AI-generated outputs may omit key context; and should not be construed as financial, investment, legal, or tax advice. Users should independently verify all information and consult a qualified professional before making any financial decisions.

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