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Wednesday, August 8, 2018

Financial safety

Facebook might be partnering with major US banks

facebook ceo founder mark zuckerbergFacebook reportedly asked major US banks including Citi, JPMorgan Chase, US Bank, and Wells Fargo to share their customers' financial information, including card transactions and checking account balances, reports The Wall Street Journal , citing people familiar with the matter.
The tech giant is reportedly developing offerings with banks for Messenger, including access to account balances and fraud alerts, as part of a move to offer new services and boost engagement.
It's not clear at this point what, if anything, might come out of these partnerships. Since the publication of the WSJ article, Facebook asserted that it might partner with banks so that they can use Messenger specifically for customer support, but said it doesn't have interest in going beyond that, according to Engadget .

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