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Facebook To Banks: Give Us Our Users' Financial Data And We'll Let Them Bank With Facebook

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posted on Aug, 7 2018 @ 02:31 PM
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Facebook is really cranking up the heat to get ALL of your data. Earlier this year we found out they are working to get medical & prescription data, now they want your banking data as well!

Big Brother for real.

boingboing.net...




Facebook wants to "deepen user engagement" with Messenger, and to that end, it's been pitching America's giant banks on joint enterprises where Facebook will get to see all your financial info (especially info on where you're shopping and what you're buying) to help it suck you into using Messenger for longer.

In return, Facebook offered to let the banks do business through its platform, allowing Facebook users to transact business and manage their finance through Facebook Messenger.

However, it promised the banks that the financial data they turned over wouldn't be shared with third parties.

The news that Facebook might be able to access all this financial data resulted in a massive share-price surge, with shares up 3.5%, recovering much of the ground lost during Facebook's share-price bloodbath last month.



www.wsj.com...




The social-media giant has asked large U.S. banks to share detailed financial information about their customers, including card transactions and checking-account balances, as part of an effort to offer new services to users.

Facebook increasingly wants to be a platform where people buy and sell goods...




Facebook Sent "Top Secret" Doctor To Hospitals For Patient Data Collection Scheme
www.abovetopsecret.com...
edit on 7-8-2018 by infolurker because: (no reason given)




posted on Aug, 7 2018 @ 02:37 PM
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a reply to: infolurker

Facebook is really cranking up the heat to get ALL of your data.
Big Brother for real.


Does that mean Twitter funding will be cut...



edit on 7-8-2018 by Blowback because: (no reason given)



posted on Aug, 7 2018 @ 02:44 PM
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a reply to: infolurker

I don't do Facebook much anymore, but even when I used it all the time, there is no way in hell, I would have entered my bank account information!







posted on Aug, 7 2018 @ 02:46 PM
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Maybe facebook got bought by the military complex and use mark as a puppet to make sure we dont know. Hopefully they dont get any financial info.



posted on Aug, 7 2018 @ 03:03 PM
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posted on Aug, 7 2018 @ 05:52 PM
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a reply to: infolurker

*Laughs and laughs and laughs*

HELL NO, FACEBOOK.



posted on Aug, 7 2018 @ 06:39 PM
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a reply to: infolurker

I saw this yesterday. They were scary before. I don't believe they could get away with this in Europe. They shouldn't be able to do it here. They've been up to all kinds of questionable stuff. People in this forum might delete their accounts but most average people never will. Facebook will continue until driven out by some other company.

And seriously, do you believe that when you delete your account, anything is really deleted? They still have a large database on you. They still collect information. You just can't see it.



posted on Aug, 7 2018 @ 07:25 PM
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I can see the lawsuits now...

I've never FB'd in my life, and certainly won't anytime soon.



posted on Aug, 8 2018 @ 08:21 AM
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a reply to: infolurker

One reason I havn't used Facebook to 'boost' any of my pages... don't want to give them my banking details!



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