Facebook And Your Finances

broken suicidal pigJust as Facebook is recovering from the privacy concerns related to Cambridge Analytica, including threat of lawsuit from one UK group, is now even more interested in your data.

Facebook is after your financial data:

…Facebook already has smaller agreements with financial institutions, including PayPal and American Express, that allow users to do things such as review transaction receipts on Facebook Messenger. In March, Facebook launched a service that would allow Citibank customers in Singapore to ask a Messenger chatbot for their account balance, their recent transactions and credit card rewards.

It’s a strange world we live in where we trust those that have not been trustworthy in the past. ‘To err is human, to forgive is divine.’

Are you divine? I’m not. I’m sure, though, that connecting the accounts will require buy-in from consumers.

In Trinidad and Tobago, I’m sure it will mean more photocopies.

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