With the exponential growth of digitization and electronic market, personal data has taken on a key role for all individuals actively involved in the process. Any type of transaction, from the payment of a product or service to registration on a web site, requires extensive use of information...

This article analyzes how the General Data Protection Regulation (GDPR) has affected the privacy practices of FinTech firms. We study the content of 308 privacy statements respectively before and after the GDPR became binding. Using textual analysis methods, we find that the readability of the...