Tag: Facebook


Bank groups spell out payments industry concerns

December 8, 2021

Via: Payments Dive

The Consumer Financial Protection Bureau (CFPB) needs to protect consumers from big technology companies eager to make inroads in the payments processing business, according to comments filed this week with the agency by two bank industry trade groups. The American […]


Facebook wants your bank data

August 7, 2018

Via: Banking Technology

According to the Wall Street Journal, the tech titan was talking to financial organisations to get information like credit card transactions and account balances. The timing is interesting as Facebook is battling privacy concerns and adjusts its policy regarding user […]


What Facebook’s Data Debacle Could Mean for Banking

May 2, 2018

Via: Bank Director

There was a particular moment on the second day of his most recent testimony Facebook CEO Mark Zuckerberg struck a rare smile. Zuckerberg, on Capitol Hill to answer pointed questions about the scraping of company’s data on 87 million of […]

Retail Banking

Why Do Banks Consistently Ignore Their Text Banking Apps?

May 27, 2016

Via: Bank Innovation

Many banks have them. Many banks spend money on them. Nearly all of those banks ignore them. The “them” is text banking apps, and the degree to which they have been marginalized baffles me. Earlier this week, I asked a […]