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Facebook has asked large U.S. banks to share detailed financial information about customers, including card transactions and checking account balances, as it seeks to boost user engagement.


🔗 Previously - Facebook to Banks: Give Us Your Data, We’ll Give You Our Users

🔗 CNBC
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Image for 'Facebook to Banks: Give Us Your Data, We’ll Give You Our Users'

6 comments

3 months ago

Facebook’s side of the story

It’s all about the chatbots 💭 🤖

3 months ago

This is a more accurate take of the story...

3 months ago

Yep. There were definitely plans to announce bot integrations and messenger payment features at F8 back in May, but given the news climate at the time - leading to them putting all code review on hold - the projects got (temporarily) shelved. With customers moving much of their Facebook interaction to messenger none of this comes as a huge surprise.

Expect to see quite a bit more in this space...

3 months ago

In case you get stopped by the WSJ paywall, here's more info: https://www.zerohedge.com/news/2018-08-06/facebook-asking-major-us-banks-share-user-data

3 months ago

Thanks Doug!

3 months ago

Not good news. It’s likely this will happen