Google has 93% of searches in Europe and 88% in the US.
If such a company refuses their services to somebody who is compliant with every single of their publicly shared rule, it's an abuse of their power. And an anti-trust issue.
But I didn't offer to break them up. The real solution to this problem, I think, would be to create a transparent process for moderation. That is what the article is about.
Sure. I'm just expressing my own opinion, which is, break them up! Into 5-10 baby googles, 5-10 baby amazons, 5-10 baby facebooks.
Unfortunately, regulators get captured, and regulations often present barriers to entry. The process by which you might get a reprieve or compensation for your loss of business might still cost you your business, in legal fees, or in opportunity costs. Monopolies and oligopolies are the problem, and the solution is to break them up.
Most of our competitors say they have "strong encryption", but when you read the page it actually means they have SSL. Or that they use SHA256 for hashing the passwords.
That is… disappointing.
It is a standard privacy policy generated by getterms.io.
We have no data on you. You can read about our security model here (https://safeapps.io/content/security) and walk through our source code here (https://github.com/safeapps-io).
TL;DR: every bit of data you create within the product is encrypted in the browser. The server only sees a blob of encrypted bits, that's all.
You can sign up without an email. But if you do, we use Sparkpost for sending emails, which is a EU-based ISP.
We do not have any third-party scripts or cookies across all the site at all. No Google Analytics, no Facebook Pixel, no Intercom support chat.
We use German hosting and I'm personally from Russia.
So no, we do not violate GDPR (but we do violate Russian laws because we do not have any servers in Russia). And we do take privacy seriously.
> Why isn't it possible to make a new ad if the first one was rejected ? I don't fully understand how it played out.
The whole account was banned, that's why. The ad actually passed the moderation and even had 200 impressions.
> Other marketing strategies should be used to bootstrap it and grow it's user base
It's pretty common for the new players to burn money on ads, because it's scalable and predictable. So it actually would be super difficult to run the app for a few years without any predictable traffic source.
Not sure if it helps, but there are ads on apple mobile devices.
I'm sorry about the difficulty you are facing. As I said, it is a difficult business because you have to build up trust. Too many scammers out there. You should do everything to build up this trust and a good reputation. If you are based in Russia or some eastern country, it will be even harder. The banned account is harsh.
Thanks for the support. It's hard to defend against all the people that keep screaming to my face that I'm the scam here.
> Google's financial services advertising page
Can you give me the link?
> It's also worth noting that the service seems to be offered from Russia
That is true.
But Google is available in Russia and allows businesses to buy ads without any limits. I know a Russian service called raindrop.io (bookmark sync app) that buys ads in Google and runs a worldwide service, and they get no bans.
Also if you intend to advertise in countries with stricter requirements e.g. the UK or the EU there are additional obligations you need to meet such as business verification:
Oh, yeah, thanks, but those should not be applied to us. Probably.
> For the purposes of this policy, we consider financial products and services to be those related to the management or investment of money and cryptocurrencies, including personalised advice
We don't do anything of this kind. We're basically an excel spreadsheet with your expenses, no "money" actually involved here.
Yes they should you are asking people to submit their financial information, you fall under the financial services category.
You literally have a service for money management that also according to you provides an “advice”.
*Planning and budgeting
This would be considered financial advice under UK law for example.
You are running a weird looking service from Russia, stating that it falls under Russian law, no contact details no business registration info.
The name is dodgy as hell, and overall it looks to be more like sage books for a small scale illicit operation than a budget planning app for Grandma.
There are plenty legitimate budget apps out most of them rely on open banking standard rather than CSV/OFX import or manual entry.
Pretty much nothing here seems to be useful to the average user, however if I ever decide to start selling dirty bombs (hi NSA…) on the black market and I need to run my books somewhere I might give it a go.
Yes, that is true and was the big red flag for me. I believe it would be in their best interest to exchange the data on potential fraudsters, because it would make their life simpler.
Hell, it's AN INNOVATION I came up with — or at least so I thought I thought most people would be able to see this name instantly BECAUSE of the brackets, lol.
If such a company refuses their services to somebody who is compliant with every single of their publicly shared rule, it's an abuse of their power. And an anti-trust issue.
But I didn't offer to break them up. The real solution to this problem, I think, would be to create a transparent process for moderation. That is what the article is about.