CRIMINAL RUN Facebook is Willing to Trade Their Users for Data from Banks

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illeatyourdates2
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CRIMINAL RUN Facebook is Willing to Trade Their Users for Data from Banks

Post by illeatyourdates2 » Tue Aug 07, 2018 7:53 am

Facebook is Willing to Trade Their Users for Data from Banks
Posted on Tuesday the 7th of August 2018, by Kerry Lear : Staff Writer

Yet again, the social media giant Facebook has been caught with making plans to disrespect its users' privacy.

According to a recent Wall Street Journal report, Facebook has asked U.S. banks to share detailed data on their customers in exchange for participating in a new service Facebook is planning to roll out to users.

Facebook is aiming to expand its Messenger platform to include more buying and selling of goods and services.

So far, the social network has approached Wells Fargo, JPMorgan Chase, Citigroup, and U.S. Bancorp "to discuss potential offerings it could host for bank customers on Facebook Messenger, said people familiar with the matter."

Facebook Messenger has about 1.3 billion monthly active users. PayPal partner with Facebook last year and allows users to send money through messenger.

The social network is considering implementing a feature that shows users their checking account balances, along with offering fraud alerts through Messenger.

According to the WSJ report, "Facebook asked banks for information about where its users are shopping with their debit and credit cards outside of purchases they make using Facebook Messenger."

As banks struggle to compete with payment sharing apps like Venmo, they are actively looking to reach more customers digitally.

Facebook, on the other hand, is trying to recover from the recent Cambridge Analytica scandal, where the firm accessed up to 87 million users' data from Facebook without their permission.

This has ignited a fiery debate among lawmakers and has influenced the passing of regulations to better protect users' internet privacy.

In order to save face, Facebook and other tech companies are cooperating with lawmakers to create new privacy laws.

Facebook said that it is "working with policymakers to craft privacy legislation that protects consumers, ensures people are in control of their information and promotes responsible innovation.”

The Commerce Department has been holding meetings on how to handle the privacy issue.

“The goal of this outreach is to formulate a set of principles that enjoy broad support, with the objective of setting high level goals for protecting privacy while promoting prosperity,” said a senior administration official.

But after the recent privacy scandal, banks are hesitant to partner with Facebook.

The social media giant claims that the data given by banks won't be used for ad-targeting and would not be shared with third-parties.

“We don’t use purchase data from banks or credit card companies for ads,” said Elisabeth Diana, a Facebook spokeswoman. “We also don’t have special relationships, partnerships, or contracts with banks or credit card companies to use their customers’ purchase data for ads.”

However, JPMorgan spokeswoman Trish Wexler said that the company is not "sharing our customers’ off-platform transaction data with these platforms, and have had to say no to some things as a result.”

Author's note: I highly doubt that Facebook wouldn't use banking data to target users with relevant ads. These companies, especially Facebook, have no respect for our privacy or personal data. They just see users and their data as a way to make more ad money.

http://punchingbagpost.com/facebook-is- ... st=pb_list

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nolaxride
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Re: CRIMINAL RUN Facebook is Willing to Trade Their Users for Data from Banks

Post by nolaxride » Tue Aug 07, 2018 10:54 am

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illeatyourdates2
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Re: CRIMINAL RUN Facebook is Willing to Trade Their Users for Data from Banks

Post by illeatyourdates2 » Tue Aug 07, 2018 11:01 am

nolaxride wrote:
Tue Aug 07, 2018 10:54 am
#FAKENEWS

https://www.marketwatch.com/story/faceb ... 2018-08-06
REAL libturd democrat FAKE NEWS!! Are they part of FAKE NEWS libturd democrat cnn?

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Re: CRIMINAL RUN Facebook is Willing to Trade Their Users for Data from Banks

Post by nolaxride » Wed Aug 08, 2018 9:54 am

So you're lying to us?
mtp3.gif
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Bigbaddoe
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Re: CRIMINAL RUN Facebook is Willing to Trade Their Users for Data from Banks

Post by Bigbaddoe » Wed Aug 08, 2018 10:57 am

nolaxride wrote:
Wed Aug 08, 2018 9:54 am
So you're lying to us?

mtp3.gif
People like dates will believe anything as long as it leans their way. Doesn't matter what it is.
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aluannie@q.com
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Re: CRIMINAL RUN Facebook is Willing to Trade Their Users for Data from Banks

Post by aluannie@q.com » Wed Aug 08, 2018 10:59 am

Bigbaddoe wrote:
Wed Aug 08, 2018 10:57 am
nolaxride wrote:
Wed Aug 08, 2018 9:54 am
So you're lying to us?

mtp3.gif
People like dates will believe anything as long as it leans their way. Doesn't matter what it is.
What a nasty thing to say about a poster on this board just because he doesn't agree with your warped ideas.
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Bigbaddoe
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Re: CRIMINAL RUN Facebook is Willing to Trade Their Users for Data from Banks

Post by Bigbaddoe » Wed Aug 08, 2018 12:09 pm

aluannie@q.com wrote:
Wed Aug 08, 2018 10:59 am
Bigbaddoe wrote:
Wed Aug 08, 2018 10:57 am
nolaxride wrote:
Wed Aug 08, 2018 9:54 am
So you're lying to us?

mtp3.gif
People like dates will believe anything as long as it leans their way. Doesn't matter what it is.
What a nasty thing to say about a poster on this board just because he doesn't agree with your warped ideas.
You mean nasty like this?
http://aibafs.net/viewtopic.php?f=11&t= ... ty#p376882
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nolaxride
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Re: CRIMINAL RUN Facebook is Willing to Trade Their Users for Data from Banks

Post by nolaxride » Wed Aug 08, 2018 12:31 pm

aluannie@q.com wrote:
Wed Aug 08, 2018 10:59 am
Bigbaddoe wrote:
Wed Aug 08, 2018 10:57 am
nolaxride wrote:
Wed Aug 08, 2018 9:54 am
So you're lying to us?

mtp3.gif
People like dates will believe anything as long as it leans their way. Doesn't matter what it is.
What a nasty thing to say about a poster on this board just because he doesn't agree with your warped ideas.
Do you believe FB is asking banks for user data?
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aluannie@q.com
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Re: CRIMINAL RUN Facebook is Willing to Trade Their Users for Data from Banks

Post by aluannie@q.com » Wed Aug 08, 2018 12:44 pm

Bigbaddoe wrote:
Wed Aug 08, 2018 12:09 pm
aluannie@q.com wrote:
Wed Aug 08, 2018 10:59 am
Bigbaddoe wrote:
Wed Aug 08, 2018 10:57 am
nolaxride wrote:
Wed Aug 08, 2018 9:54 am
So you're lying to us?

mtp3.gif
People like dates will believe anything as long as it leans their way. Doesn't matter what it is.
What a nasty thing to say about a poster on this board just because he doesn't agree with your warped ideas.
You mean nasty like this?
http://aibafs.net/viewtopic.php?f=11&t= ... ty#p376882
Absolutely. I have never seen Dates treat you in the same unnecessarily nasty manner that Lion treated me and if he ever does I will be on your side. The big difference is Dates is far superior in decency than Lion ever hoped to be.
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Bigbaddoe
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Re: CRIMINAL RUN Facebook is Willing to Trade Their Users for Data from Banks

Post by Bigbaddoe » Wed Aug 08, 2018 1:48 pm

aluannie@q.com wrote:
Wed Aug 08, 2018 12:44 pm
Bigbaddoe wrote:
Wed Aug 08, 2018 12:09 pm
aluannie@q.com wrote:
Wed Aug 08, 2018 10:59 am
Bigbaddoe wrote:
Wed Aug 08, 2018 10:57 am
nolaxride wrote:
Wed Aug 08, 2018 9:54 am
So you're lying to us?

mtp3.gif
People like dates will believe anything as long as it leans their way. Doesn't matter what it is.
What a nasty thing to say about a poster on this board just because he doesn't agree with your warped ideas.
You mean nasty like this?
http://aibafs.net/viewtopic.php?f=11&t= ... ty#p376882
Absolutely. I have never seen Dates treat you in the same unnecessarily nasty manner that Lion treated me and if he ever does I will be on your side. The big difference is Dates is far superior in decency than Lion ever hoped to be.
I just love how you try to turn things around. That when you complain about someone being nasty but you have an excuse for being nastier? And of course you will say you never "see" it. You really need to learn to practice what you preach. You jump on me or anyone who is Liberal about being nasty. Yet your little buddys and YOU do it all the time. Even when no one is getting nasty you say they are. Why? Because they don't lean your way. Like I said, practice what you preach. You dish it out you better expect to get it right back.
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