customer data

FB asks US banks to share customer data

MNA Tech Desk: Facebook has asked major US banks to share customer data to allow it to develop new services on the social network’s Messenger texting platform, reported news agency.

Facebook had discussions with Chase, JPMorgan, Citibank, and Wells Fargo several months ago, said the source, who asked to remain anonymous.

The Silicon Valley-based social network also contacted US Bancorp, according to the Wall Street Journal, which first reported the news.

Facebook, which has faced intense criticism for sharing user data with many app developers, was interested in information including bank card transactions, checking account balances, and where purchases were made, according to the source.

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