Techniques used in Ethical Hacking
According to a report, Facebook has proposed to several US banks to exchange data. The company will soon be able to offer its users financial services.

User financial data: Facebook appears to be asking customer data from US banks

According to a report, Facebook has proposed to several US banks to exchange data. The company will soon be able to offer its users financial services.

User financial data: Facebook appears to be asking customer data from US banks

Facebook has apparently asked for financial data from users at several US major banks. This was reported by Wall Street Journal, citing people who should be familiar with process. According to this, Facebook needs data to be able to take on banking services through new services and to expand its platform more into an online trading place.

Last year, Facebook contacted American banks such as JPMorgan Chase, Wells Fargo, Citigroup, and US Bancorp to get information, for example, on purchases with credit cards or bank accounts, says report. It also dealt with potential offers from banks that could spread Facebook through its Messenger service for bank customers.

Facebook denied plans against Wall Street Journal. According to a spokeswoman, company will not use bank's customers ' data for advertising or pass it on to third parties.

However, according to report, banks have concerns about data security. On Facebook, after Cambridge Analytica scandal, several investigations are underway, making talks more difficult – a bank has already rejected talks with Facebook.

Publish Date : 07 Ağustos 2018 Salı 12:00

Breaking News Headlines

10 Years on, Have We Increased Our Trust in Our Banks?
10 Years on, Have We Increased Our Trust in Our Banks?
The Rise of Esports Betting at Online Casinos
The Rise of Esports Betting at Online Casinos
Illinois Supreme Court Upholds Chicago’s Warrantless GPS Tracking on Food Trucks
Illinois Supreme Court Upholds Chicago’s Warrantless GPS Tracking on Food Trucks
Youtube Fight Rivals Turn Professional for Rematch in Los Angeles
Youtube Fight Rivals Turn Professional for Rematch in Los Angeles
Two or more glasses of soda a day increases the risk of any type of death
Two or more glasses of soda a day increases the risk of any type of death
Archaeologists found in the Atlantis Russian a contraption similar to a iphone some 2,100 years
Archaeologists found in the Atlantis Russian a contraption similar to a iphone some 2,100 years
The doors open to get to know the 4 puppies in the Center of the wolf de Sanabria
The doors open to get to know the 4 puppies in the Center of the wolf de Sanabria
The King will receive this Thursday to the president of the Congress in the Palace of the Zarzuela
The King will receive this Thursday to the president of the Congress in the Palace of the Zarzuela
Factors to consider when planning to set up a company in Hungary
Factors to consider when planning to set up a company in Hungary
How to Figure Out Your Retail Business’s Finances
How to Figure Out Your Retail Business’s Finances
Advantages of Electronic Signatures
Advantages of Electronic Signatures
5 Reasons Why Online Casinos Are Adopting Cryptocurrencies
5 Reasons Why Online Casinos Are Adopting Cryptocurrencies
POLLS Results ALL
Who is the most powerful actor in Syria

Front Pages
  • The Sun
NEWS ARCHIVES