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Facebook asks American banks for financial data

Aug 07, 2018 12:30 IST

Facebook has asked large American banks like Wells Fargo and JPMorgan Chase to share detailed financial information on customers according to a report by the Wall Street Journal. It's reportedly asked for information like card transactions and checking-account balances, in order to offer new services to users. Facebook maintains that it is not actively seeking user data, but looking to partner with banks to offer customer service through Messenger chatbots and help users manage their accounts within the Facebook app.

Tech