Data Protection and Plaid Data Handling

This Data Protection and Plaid Data Handling Policy explains how AK Global Consulting LLC handles customer information, contact-form information, and financial data accessed through authorized Plaid connections.

Purpose of data access

AK Global Consulting LLC may use Plaid to let authorized individual and business customers connect bank accounts for invoice-payment support, account verification, balance visibility, identity or ownership review, transaction review, reconciliation, business reporting, and internal operational analysis.

Authorization and user consent

Bank account data is accessed only when a user or authorized representative completes the Plaid Link authorization flow. Users should connect only accounts they are authorized to access and use for the relevant business or payment purpose.

Types of Plaid data

Depending on approved products and user authorization, Plaid data may include account identifiers, account ownership or identity information, account balances, transaction details, and risk-related data used to support ACH invoice-payment review. The specific data available depends on the connected financial institution and the products authorized.

How Plaid data is used

Plaid data may be used to support invoice-payment workflows, account ownership review, ACH-compatible bank account verification, balance checks, transaction review, reconciliation, business reporting, and operational analysis. The company may use payment infrastructure providers such as Increase or another approved provider for ACH or related payment processing.

Restrictions on use

AK Global Consulting LLC does not sell Plaid data or consumer financial data. The company does not use Plaid data for consumer credit decisions, lending, investment advisory services, broker-dealer activity, money transmission, legal services, tax preparation, or accounting services.

Sharing and service providers

Data may be shared only with authorized service providers when necessary to operate the website, process authorized payments, maintain security, support account connectivity, manage business records, or comply with applicable obligations. Service providers are expected to handle data according to their applicable security, privacy, and contractual obligations.

Retention

Plaid-related data and payment-related records are retained only as long as reasonably necessary for authorized business purposes, payment processing, reconciliation, dispute resolution, reporting, compliance, security, or legal obligations. When data is no longer needed, it is deleted, de-identified, or restricted where appropriate.

Access controls

Access to Plaid data and payment-related records is limited to authorized personnel and systems with a legitimate business need. Administrative access is protected using secure accounts, MFA where available, restricted permissions, and periodic access review.

Security safeguards

AK Global Consulting LLC uses HTTPS/TLS for website transmission, protected cloud configurations for secrets and API keys, secure vendor platforms, and limited-access administrative accounts to reduce the risk of unauthorized access.

Customer inquiries

Privacy, data protection, or account-data questions may be submitted through the website contact form. The company will review and respond to legitimate requests according to applicable obligations and business requirements.