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Kvika's Cookie Policy Terms and Conditions

Kvika's Cookie Policy Terms and Conditions

What Are Cookies?

Cookies are small text files that are saved on your computer or other smart devices when you visit Kvika's website for the first time. When you visit our website again on the same device, it remembers you and how you used the site.

Kvika uses cookies in order to improve the functionality of its website with the goal of improving user experience. It is Kvika’s policy to use cookies responsibly. Kvika uses cookies to tailor its website to the needs of its users, e.g. to save user settings, to process statistics, to analyze traffic on the website, and for marketing purposes.

Necessary Cookies (first-party cookies)

Kvika's website uses both our own and third-party cookies. Kvika's own cookies are cookies that are created on Kvika's website. Cookies only send information to Kvika.

Necessary cookies activate features on the website that have to be present in order for the website to work as intended. Necessary cookies are first-party cookies that are used only by Kvika. This includes, for example, cookies that remember whether the user is logged in on Kvika's website, or what specific settings the user has selected.

Third-Party Cookies

Third-party cookies are cookies that are present due to processes generated by a party other than the one operating the website you are visiting, i.e. a party that Kvika collaborates with, or one whose services Kvika utilizes. Third-party cookies make it possible for these parties to recognize your device again and are created for the purposes of services that the bank uses.

Third-party cookies are used to analyze traffic on Kvika’s website in order to develop and improve users’ experience by gaining insight into how it is being used and by making searching for specific material easier.

Kvika's Management of Personal Data Kvika banki hf. has established a data protection policy that is available on the bank’s website here (in Icelandic).

All personal data that could be created when using cookies will be processed and used in accordance with the provisions of the Act on Data Protection and Processing of Personal Data No. 90/2018. Kvika hereby proclaims not to process such data for purposes other than the aforementioned, and that the data will not be retained for longer than necessary given the purpose of its processing. Personal data will not be shared with third parties unless required by law.

How Do I Set My Cookies?

It is important to keep in mind that third parties, i.e. those providing marketing or analyzing services on the internet, also use cookies. Information about their use of cookies is available on their websites.

Users can opt out of cookies by adjusting their browser settings. This way, users can withdraw their consent to the use of cookies. Keep in mind that opting out of all cookies, i.e. including necessary cookies, will have an impact on the website’s functionality. Further information about setting cookies in various browsers is available here.

The following is a list of the cookies Kvika uses on its website, their purposes, and durations

Analytics Cookies

Marketing cookies