03-12-2019 16:08 via technocracy.news

Banks Now Selling Your Transaction Data For Big Bucks

If data is the new oil of the 21st century, then banks have more than anyone… on your purchases, travels, habits, etc. Now they are figuring out ways to sell your data to the highest bidder, paying you nothing in return.  ⁃ TN EditorThere’s a powerful new player watching what you buy so it can tailor product offerings for you: the bank behind your credit or debit card.
For years, Google and Facebook have been showing ads based on your online behavior.
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