« US Officials Arrest Illegal Alien Trying to Sneak Into Country With Little Girl He Claims Is His Daughter;
She's Actually Not His Daughter, But an Unrelated Girl He Was Sexually Abusing
| Main | The Unfunny Musings of the Unfunny Jonah Goldberg: A New Occasional Series »
August 08, 2018

FaceBook to Banks: Say, Why Don't You Give Us The Checking Account Balances for Your Clients on FaceBook?

They might have asked the actual users if they wanted FaceBook to have their account information.

But I imagine they expected the answer would be "No."

So they're doing an end-around their own alleged customers (FaceBook users aren't its customers, they're its products) and just asked their corporate partners in banking for the information.

Facebook has requested customer financial information from a number of U.S. banks without obtaining permission from users, according to a recent report. Included in the requests are credit card transactions and checking account balances for the customers.

Facebook has spoken with JPMorgan Chase, Wells Fargo, Citigroup Inc. and U.S. Bancorp. Their requests are ostensibly to "help" their users by showing their checking account balances on their Facebook feed, making it easier to sell products and services.

...

According to the Wall Street Journal, a person familiar with the discussions said that "Facebook has told banks that the additional customer information could be used to offer services that might entice users to spend more time on Messenger."


"The company is trying to deepen user engagement," the WSJ reported. "Investors shaved more than $120 billion from its market value in one day last month after it said its growth is starting to slow.”

A Facebook spokesman said, "We don't use purchase data from banks or credit card companies for ads. We also don't have special relationships, partnerships, or contracts with banks or credit-card companies to use their customers' purchase data for ads." The spokesman added, "Like many online companies, we routinely talk to financial institutions about how we can improve people’s commerce experiences, like enabling better customer service. An essential part of these efforts is keeping people's information safe and secure."

How thoughtful. They're doing this for us! Yes, we know how well that works.


digg this
posted by Ace of Spades at 04:12 PM

| Access Comments




Recent Comments
Senator Ritt Momney: "Trump should be just like every other politician.D ..."

mindful webworker - close call: "Anna Puma #143: [i]So Stormy Daniels' true form c ..."

Your Decidedly Devious Uncle Palpatine, GECSPLAN, SMR, and Ancient Slavonaut Newsletters: "214. Fetlocks, I think. ..."

Wyatt Earp: ">>>I know it is a much overused word, but I think ..."

bonhomme[/i][/i][/b][/b][/u][/u][/s][/s][/s]: "[i]Weird. Apple or Chromebook?[/i] It's really ..."

Seems Legit: "I may vote for Trump TWICE in 2020. ..."

Mike Hammer, etc., etc.: " Horseface? HORSEFACE? NEEEEEIIIIIGGGGGHHHHH ..."

Kinley Ardal: " [i]Trump is a fighter, but in a way, a more de ..."

Curmudgeon: "[i]120 Obviously the two of them did something. Th ..."

Sooner : "SS is the reason I'll try never to retire (even th ..."

Grump928(C): "Do horses have knees? ..."

Concerned People's Front: "My best friends ex saw one of our mutual friend's ..."

Recent Entries
Search


Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64