Article 3W9TG Facebook: We’re not asking for financial data, we’re just partnering with banks

Facebook: We’re not asking for financial data, we’re just partnering with banks

by
Cyrus Farivar
from Ars Technica - All content on (#3W9TG)
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Facebook is pushing back against a report in Monday's Wall Street Journal that the company is asking major banks to provide private financial data.

The social media giant has reportedly had talks with JPMorgan Chase, Wells Fargo, Citigroup, and US Bancorp to discuss proposed features including fraud alerts and checking account balances via Messenger.

Elisabeth Diana, a Facebook spokeswoman, told Ars that while the WSJ reported that Facebook has "asked" banks "to share detailed financial information about their customers, including card transactions and checking-account balances," this isn't quite right.

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