Facebook wants to offer new services to its users, so it’s asking banks in the United States to share personal account information. That includes account balances and credit card activity, because who better to have access to our personal financial data than Facebook? From the Wall Street Journal:
As part of the proposed deals, 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.
Facebook and Mark Zuckerberg have shown time and again that our personal data is far more valuable than our privacy. At least one bank has already told Facebook “no,” and hopefully the others will, too.