Brandon Lee
Arvest Bank offers a range of services to its customers, including online and mobile banking. The bank's website collects cookies, which may be used to disclose customers' Internet or other network activity information to third-party advertising platforms. While Arvest Bank does not sell personal information to third parties for money, California residents can opt out of this sale of personal information under the California Consumer Privacy Act (CCPA). To stop the collection of cookies, customers can follow the instructions on the Arvest website to opt out of the bank's sharing of their personal information.
| Characteristics | Values |
|---|---|
| Cookies | Arvest Bank collects cookies to gather information on internet or other similar network activity which may be shared with third-party advertising platforms. |
| Opting Out | California residents can opt out of the sale of their personal information to third parties as per the California Consumer Privacy Act (CCPA). |
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What You'll Learn
- Arvest Bank's website uses cookies to collect information
- California residents can opt out of selling their personal information
- Arvest does not sell personal information to third parties for money
- The California Consumer Privacy Act (CCPA) defines sale broadly
- CCPA's definition of sale includes disclosing information to ad platforms
Arvest Bank's website uses cookies to collect information
Arvest Bank is committed to protecting the privacy of its customers and their personal information. The bank's website uses cookies to collect information about users' online activities, such as the websites they visit and the purchases they make, to provide targeted advertising. This practice falls under the broad definition of a "sale" as per the California Consumer Privacy Act (CCPA).
The CCPA permits California residents to opt out of the "sale" of their personal information to third parties, and Arvest Bank does not sell personal information to third parties for monetary gain. However, the bank may disclose online activity information to third-party advertising platforms. This information may include data collected by cookies on the Arvest website, such as browsing history or purchase behaviour.
By using cookies, Arvest Bank can collect information about its users' preferences and interests to enhance their online experience. For example, cookies help the website remember a user's login information, language preferences, and other customisations, making the site more user-friendly and efficient. Cookies also enable Arvest Bank to analyse website performance and improve its content and layout based on user behaviour.
It is important to note that users can control how cookies affect their privacy by adjusting their browser settings. Browsers typically provide options to clear cookies and site data, block certain cookies, or disable cookies entirely. However, disabling cookies may affect the functionality of the Arvest website for users, as certain features or personalised content may no longer be available.
While Arvest Bank uses cookies primarily to enhance the user experience and target advertising, users always have the option to opt out of sharing their information. The website provides instructions on how to opt out of the sale or sharing of personal information, ensuring that users remain in control of their data. This opt-out process is specific to the device, website, and browser being used, allowing users to customise their privacy preferences accordingly.
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California residents can opt out of selling their personal information
Arvest Bank's website mentions that it collects user information through cookies and other similar network activity information. This information is then shared with third-party advertising platforms. However, the bank does not sell personal information to third parties for money.
California residents have the right to opt out of the "sale" of their personal information to third parties under the California Consumer Privacy Act (CCPA). This includes the right to opt out of the sharing of their personal information for cross-context behavioural advertising. The CCPA defines the term "sale" broadly, and it may include the disclosure of Internet or other similar network activity information to third-party advertising platforms.
California residents can exercise their right to opt out by clicking on the plus sign (“+”) next to the "Sell or Share My Personal Information" slider on the Arvest website. This will provide instructions on how to opt out of the sale or sharing of personal information. It is important to note that this selection is specific to the device, website, and browser being used. Clearing the browser's cache will delete the selection, and it will not apply if a different device, website, or browser is used to access Arvest's website.
California residents also have the right to request that businesses disclose the personal information they have collected, delete their personal information, correct inaccurate information, and limit the use and disclosure of their sensitive personal information. These rights are protected under the CCPA, and businesses are required to provide the same experience to individuals who choose to opt out as those who do not.
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Arvest does not sell personal information to third parties for money
Arvest Bank is committed to protecting the privacy of its customers' personal information and does not sell this information to third parties for monetary gain. The California Consumer Privacy Act (CCPA) gives California residents the right to opt out of the "sale" of their personal information to third parties. While Arvest does not sell personal information, it's important to note that the CCPA defines the term "sale" broadly. This broad definition may include disclosing internet or similar network activity information to third-party advertising platforms, which could be collected by cookies on the Arvest website.
Customers can choose to opt out of Arvest's sharing or selling of their personal information by following the instructions provided on the website. This opt-out selection is specific to the device, website, and browser being used. Clearing the browser's cache will delete the selection, and it will not apply if a different device, website, or browser is used to access Arvest's online services.
Arvest takes customer privacy seriously and wants to ensure that its customers feel confident in the security of their personal information. The bank encourages customers to review its privacy policies and settings regularly to understand how their data is handled and protected. Arvest strives to maintain the trust of its customers by being transparent about its data practices and providing choices whenever possible.
While Arvest does not sell personal information to third parties for money, it's important for customers to understand their rights under the CCPA and take control of their personal information. By providing the option to opt out of data sharing, Arvest empowers its customers to make informed decisions about their online privacy and security. This commitment to customer privacy is a key aspect of Arvest's dedication to providing secure and trusted banking services.
In summary, Arvest does not sell personal information to third parties for monetary gain, but it does respect and comply with the rights granted to California residents under the CCPA. The bank encourages customers to stay informed about their privacy choices and exercise their rights as they see fit. Arvest is dedicated to safeguarding sensitive information and providing a safe and secure banking experience for all its customers.
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The California Consumer Privacy Act (CCPA) defines sale broadly
The California Consumer Privacy Act (CCPA) was enacted in 2018 to give consumers more control over their personal information and to provide guidance on implementing the law. It grants California residents new rights and protections regarding their personal information, which is defined very broadly to include individuals, households, employees, job candidates, and business contacts. The CCPA also imposes data protection duties on entities conducting business in California.
The CCPA defines "sale" or "selling" broadly to include any transaction where a consumer's personal information is sold, rented, released, disclosed, disseminated, made available, transferred, or otherwise communicated orally, in writing, or electronically by a business to another business or third party in exchange for monetary or other valuable consideration. This broad definition covers many common business practices, such as using third-party cookies and targeted advertising, that businesses may not traditionally consider sales.
The CCPA requires businesses to make certain disclosures before and after receiving a verified consumer request to sell their personal information. Businesses must also offer consumers multiple methods to submit requests to opt out of the sale of their personal information, such as through a user-enabled global privacy control like the GPC, which allows consumers to opt out of sales or sharing on multiple websites or devices.
The CCPA's broad definition of "sale" is crucial for businesses to understand as they develop their compliance efforts. It impacts the disclosures that businesses must make about their privacy practices, the terms of contracts with service providers, and consent management efforts around the right to opt out.
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CCPA's definition of sale includes disclosing information to ad platforms
The California Consumer Privacy Act (CCPA) has a broad definition of a "sale", which includes "selling, renting, releasing, disclosing, disseminating, making available, transferring, or otherwise communicating orally, in writing, or by electronic or other means, a consumer’s personal information by [a] business to another business or a third party". This means that if a business shares consumer data with a third party, even without receiving monetary compensation, it may still be considered a sale under the CCPA.
The CCPA specifically mentions cookies, mobile ad IDs, and IP addresses as forms of personal information. Therefore, if a company shares this information with another company to buy or sell targeted ad impressions, this could be considered a sale of personal information. This poses a challenge for companies in the targeted advertising business, as they often rely on this type of data for their operations.
The CCPA also gives California residents the right to opt out of selling their data and to request that businesses disclose what personal information they have, what they do with it, and who they share it with. Businesses are required to respond to these requests and provide notices explaining their privacy practices. Additionally, consumers can direct businesses to limit the use and disclosure of their sensitive personal information, such as social security numbers, financial account information, and precise geolocation data.
While the CCPA's definition of a sale is broad, there are some exemptions. For example, data and personal information given directly to the consumer or that consumers opt-in to share are not considered sales. Additionally, disclosing personal information to service providers under a valid CCPA agreement or for business purposes with appropriate contracts is not considered a sale.
Businesses that sell personal information under the CCPA have certain obligations, such as providing a "Do Not Sell My Personal Information" link on their website and allowing consumers to opt out of the sale of their data. Overall, the CCPA's definition of a sale has significant implications for companies that deal with consumer data, particularly in the targeted advertising industry.
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Frequently asked questions
Yes, Arvest Bank uses cookies to collect information about internet and network activity.
Arvest Bank collects your information to share with third-party advertising platforms.
No, Arvest Bank does not sell personal information to third parties for money.
Yes, you can opt out of Arvest Bank collecting and sharing your information by clicking the plus sign (“+”) next to the "Sell or Share My Personal Information" slider.
