The social media titan has reportedly put forward a proposed feature that would allow users to see their own checking-account balances through the platform, as well as fraud alerts that could be delivered through Facebook as well.
The banks asked by Facebook included JPMorgan Chase, Wells Fargo, Citigroup, and U.S. Bancorp, while one "large U.S. bank pulled away from talks due to privacy concerns". Unless Facebook is able to reassure the banks that it either won't have direct access to the data itself, or that the data will never be used for advertising purposes, then the company may not succeed in convincing US banks to share their customers data.
The news comes as Facebook struggles to fend off concerns that arose following the privacy scandal in which a political consulting firm obtained data on 87 million users without their knowledge.
Ricciardo: My toughest ever decision
As recently as this midweek following the two-day test at Hungary, Ricciardo had indicated a new deal with Red Bull was imminent. It will be interesting to see if Red Bull's team orders now favour Max Verstappen, who will be their main driver from next year.
Alleged Russian Agent’s Contacts Also Included Trump Aide
Gordon and Butina exchanged emails in September and October 2016, just ahead of the presidential election, The Post reports. Gordon "would be an excellent addition to any of the U.S./Russia friendship dinners to occasionally hold", Erickson added.
56 injured after lorries explode in motorway crash in Bologna
Italian media said a truck carrying cars collided on a bridge with another tanker truck containing explosive materials. A truck has exploded in a huge fireball on a motorway near Bologna , northern Italy , following a traffic accident.
"We're not shoring up financial data", she added. (JPM), Wells Fargo & Co. In order for Facebook to show users' banking information, Facebook would need to have access to that same data too, which it could then use to improve its ad-targeting algorithms.
"Like many online companies with commerce businesses, we partner with banks and credit card companies to offer services like customer chat or account management", a Facebook spokesperson said in an email statement.
From Facebook's perspective, the company believes that more customer information means more targeted efforts at engaging its user base.
"We don't use purchase data from banks or credit card companies for ads", Facebook spokeswoman Elisabeth Diana said in a statement. This marks the largest gain since the rapid drop in July.