Mercury · Mercury Privacy Policy · View original document ↗

Collection of Financial and Identity Data

Medium severity Medium confidence Explicitdocumentlanguage Rare · 1 of 325 platforms
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Document Record

What it is

Mercury collects your full identity information and detailed financial data including Social Security numbers, account numbers, transaction history, and balances when you open and use an account.

This analysis describes what Mercury's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

This is the core data Mercury holds about you and your business, and its breadth means a wide range of sensitive financial and identity information is within Mercury's data environment.

Interpretive note: The full verbatim text of this provision was not entirely recoverable from the truncated HTML source; the excerpt reflects the policy's described scope based on available document text.

Consumer impact (what this means for users)

Mercury collects highly sensitive personal and financial identifiers including Social Security numbers and full transaction histories, which means account holders should understand that detailed financial profiles are created and retained under this policy.

What you can do

⚠️ These actions may provide transparency or partial mitigation but may not fully address the underlying issue. Effectiveness varies by jurisdiction and individual circumstances.
  • Export Your Data
    Email privacy@mercury.com to request a copy of the personal and financial data Mercury holds about you. Specify the categories of data you wish to access.

How other platforms handle this

PlanetScale Medium

When you visit the Careers portion of our websites, we collect the information that you provide to us in connection with your job application. This includes but is not limited to business and personal contact information, professional credentials and skills, educational and work history and other in...

American Airlines Medium

American does not knowingly collect personal information directly from children – persons under the age of 13, or another age if required by applicable law – other than when required to comply with the law or for safety and security reasons. Due to the nature of our Services, we may collect travel i...

GOAT Medium

We may collect information about your location, including precise geolocation information, when you use our Services. We use this information to provide location-based services, such as showing you products available in your area, and for other purposes described in this Privacy Policy.

See all platforms with this clause type →

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▸ View Original Clause Language DOCUMENT RECORD
"
We collect information you provide directly to us, such as when you create an account, make a transaction, or contact us for support. This includes personal identifiers such as your name, address, date of birth, Social Security number, employer identification number, email address, and phone number, as well as financial information such as bank account numbers, transaction history, account balances, and credit information.

— Excerpt from Mercury's Mercury Privacy Policy

ConductAtlas Analysis

Institutional analysis (Compliance & governance intelligence)

REGULATORY LANDSCAPE: Collection of Social Security numbers, financial account data, and transaction history by a financial services platform implicates the Gramm-Leach-Bliley Act's Safeguards Rule, which requires financial institutions to implement reasonable security programs protecting customer financial information. The FTC enforces the Safeguards Rule against non-bank financial institutions, and the CFPB may have supervisory authority depending on Mercury's product structure. Collection of this data from California residents also engages CCPA's definition of sensitive personal information for Social Security numbers and financial account data, which carries heightened disclosure and opt-out obligations under CPRA. GOVERNANCE EXPOSURE: High. The collection of Social Security numbers, EINs, and full financial account data creates significant data security and regulatory obligations. A breach or unauthorized disclosure of this category of data would trigger notification obligations under state breach notification laws in virtually all U.S. jurisdictions, and could attract FTC and CFPB scrutiny under unfair or deceptive practices authority. JURISDICTION FLAGS: California residents have CCPA rights specifically applicable to Social Security numbers and financial account data as sensitive personal information under CPRA. New York's SHIELD Act and Illinois Personal Information Protection Act also impose security requirements on entities holding this data. Financial services entities in New York may face additional DFS cybersecurity regulation applicability. CONTRACT AND VENDOR IMPLICATIONS: Any vendor or service provider receiving this data category must be covered by a data processing agreement that meets GLBA Safeguards Rule requirements and, for California data, CCPA contractor restrictions. Procurement teams should verify that Mercury's data processing agreements with downstream recipients address this data category specifically. COMPLIANCE CONSIDERATIONS: Compliance teams should confirm that data minimization practices are applied to sensitive identifiers such as SSNs and EINs, that access controls and encryption standards meet Safeguards Rule requirements, and that breach response procedures are current and tested. Data retention schedules for this category should be reviewed against applicable regulatory minimum and maximum retention periods.

Full compliance analysis

Regulatory citations, enforcement risk, and due diligence action items.

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Applicable agencies

  • CFPB
    The CFPB has supervisory authority over financial data collection and handling practices by banking-adjacent platforms and their partner financial institutions.
    File a complaint →
  • FTC
    The FTC enforces the GLBA Safeguards Rule and has authority over unfair or deceptive data practices by financial services companies.
    File a complaint →

Applicable regulations

CCPA/CPRA
California, USA
Connecticut Data Privacy Act Amendments
US-CT
ePrivacy Directive
European Union
FCRA
United States Federal
FTC Act Section 5
United States Federal
GDPR
European Union
GLBA
United States Federal
Indiana Consumer Data Protection Act
US-IN
Kentucky Consumer Data Protection Act
US-KY
Universal Opt-Out Mechanism Expansion 2026
US

Provision details

Document information
Document
Mercury Privacy Policy
Entity
Mercury
Document last updated
May 5, 2026
Tracking information
First tracked
May 8, 2026
Last verified
May 11, 2026
Record ID
CA-P-006598
Document ID
CA-D-00530
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
3d6aa369f801696c18c9d0fc76a52e05f31b7831be748c05895341caee7b216d
Analysis generated
May 8, 2026 11:54 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Mercury
Document: Mercury Privacy Policy
Record ID: CA-P-006598
Captured: 2026-05-08 11:54:36 UTC
SHA-256: 3d6aa369f801696c…
URL: https://conductatlas.com/platform/mercury/mercury-privacy-policy/collection-of-financial-and-identity-data/
Accessed: May 13, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
Medium
Categories

Other risks in this policy

Related Analysis

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Built from archived source documents, structured governance mappings, and historical version tracking.

Frequently Asked Questions

What does Mercury's Collection of Financial and Identity Data clause do?

This is the core data Mercury holds about you and your business, and its breadth means a wide range of sensitive financial and identity information is within Mercury's data environment.

How does this clause affect you?

Mercury collects highly sensitive personal and financial identifiers including Social Security numbers and full transaction histories, which means account holders should understand that detailed financial profiles are created and retained under this policy.

How many platforms have this type of clause?

ConductAtlas has identified this type of provision across 1 platforms. See the full comparison.

Is ConductAtlas affiliated with Mercury?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Mercury.