Creditsafe as a business has a requirement to collect data on businesses and their historical conduct in order to assess the creditworthiness of companies. Creditsafe provides its clients with data to allow them to make financials decisions and manage business risks. Personally Identifiable information (PII) which is handled by Creditsafe is only of those individuals who are directly connected to a business entity1. Creditsafe operates in a business to business (B2B) environment. Creditsafe has the PII of individuals either as part of an organization such as a director or as a sole trader where by the individual is the business. Creditsafe is only assessing the capability of the business entity to conduct and continue to conduct business and fulfil contracts based on current and historical performance. As such the type and quality of data provided to customers will not change after the introduction of GDPR. Where data collected by Creditsafe has been determined as unsuitable for use or does not appear to have appropriate consent this data will be deleted.
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