Is Basis safe with your data?

Basis

Basis Software Inc.

35/100

Weak disclosure · high confidence

Basis earns a D (35/100) because it leaves much about its data practices unstated.

#170

of 211 apps ranked

score · Finance avg 39

-4

vs category average

Grade scaleA · 70–100B · 60–69C · 48–59D · 35–47F · 0–34

Basis publishes a short privacy policy and terms that cover rights, sharing and retention in generic language, with no disclosure at all about AI training, AI interaction, children, automated decisions or breach notice.

What Basis's privacy policy and terms of service say about your data

No AI disclosure at all

Neither document mentions model training, training-data use, opt-out, AI interaction or synthetic output. A reader learns nothing about how the product handles AI.

Rights are conditional, not operational

The rights section is hedged as "Depending on your location, you may have rights" with only a generic email to exercise them. Access, deletion, portability plus correction are all stated that way.

Vague retention and security

Retention is "as long as needed" with no number (ladder 0.2) and security is "reasonable technical and organizational safeguards" with no named control, both capped at half.

Clear non-sale, weak transfer safeguard

The policy states "We do not sell personal information". Cross-border transfers rely on unnamed "appropriate safeguards" with no mechanism identified.

What the policy is silent or vague on

Not stated: keeping user inputs out of model training
Not stated: a way to opt out of training
Not stated: whether training use differs by plan
Not stated: a deletion timeline after closure or request

Basis privacy rating

Training-data use0 of 4 disclosed

Keeps user inputs out of model training, or makes training opt-inSilent

Names a way to opt out of or into trainingSilent

Says whether training use differs by plan or tierSilent

Lets the user keep ownership of generated outputsPartial

Data-subject rights0 of 5 disclosed

Grants a right to access your dataPartial

Grants a right to delete your dataPartial

Offers data portability in a usable formatPartial

Grants a right to correct your dataPartial

Grants a way to object to or opt out of processingPartial

Retention and deletion0 of 4 disclosed

States a retention period for your dataPartial

States a deletion timeline after closure or requestSilent

Sets a shorter retention for AI conversation logsSilent

Commits to collecting only the data it needsPartial

Third-party sharing2 of 5 disclosed

Lists the categories of third parties it shares withDisclosed

References a sub-processor list or data processing agreementSilent

Does not sell or share data for advertising, or offers opt-outDisclosed

Names a safeguard for international data transfersPartial

States a standard for government and law-enforcement accessPartial

Transparency1 of 4 disclosed

Discloses that you are interacting with AISilent

Marks AI-generated or synthetic outputNot applicable

Enumerates the categories of data it collectsDisclosed

Maps processing purposes to legal basesPartial

Is versioned and dated, with change noticePartial

Sensitive data and children0 of 3 disclosed

Discloses automated decisions and a human-review pathSilent

Limits the use of special-category dataSilent

Governs biometric data specificallyNot applicable

States protections for children's dataSilent

Security and accountability0 of 3 disclosed

Describes its security safeguardsPartial

Commits to breach notificationSilent

Names a certification or a privacy contactPartial

DisclosedPartialSilentAdverseNot applicable

Details

Category: Finance
Modalities: text
Processes biometrics: No
Policy last updated: 2026-03-04
Region scored: Global / US-default
Last assessed: 2026-08-13

Documents examined

Other finance apps

Each grade reflects our analysis of what an app states in its public privacy policy and terms as of the assessment date. It measures the transparency of those documents, not the company's actual data practices, security, or compliance. Grades are our opinion, offered for general information. Full disclaimer.