Fraud Blocker

Banks’ sneaky use of social media

We were surprised to learn about how banks are using social media–though we shouldn’t be surprised about anything in this digital age.

“Banks are working on using info from Facebook and other social media when millennials have no credit history

There is a wealth of data on you as an individual on Twitter, Facebook, Instagram, and other social media platforms that can capture data that is a lot more tailored to you as an individual, rather than generic demographic data.”

Click here to read the article. 

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