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Chinese regulators to push tech giants to share consumer credit data

76 pointsby mikesabbaghover 4 years ago

4 comments

NotPavlovsDogover 4 years ago
I&#x27;ll just leave this here:<p>[1] &quot;It turns out that Facebook also buys data about your offline purchases. The next time you pay for a burrito with your credit card, Facebook will learn about this transaction and match this credit card number with the one you added in Messenger.<p>In other words, Messenger is a great Trojan horse designed to learn everything about you.&quot;<p>[1] <a href="https:&#x2F;&#x2F;techcrunch.com&#x2F;2018&#x2F;03&#x2F;23&#x2F;facebook-knows-literally-everything-about-you&#x2F;" rel="nofollow">https:&#x2F;&#x2F;techcrunch.com&#x2F;2018&#x2F;03&#x2F;23&#x2F;facebook-knows-literally-e...</a> From 2018!<p>[2] &quot;Google now knows when its users go to the store and buy stuff.<p>Google has begun using billions of credit-card transaction records to prove that its online ads are prompting people to make purchases – even when they happen offline in brick-and-mortar stores [...] Privacy advocates said few people understand that their purchases are being analyzed in this way&quot;<p><a href="https:&#x2F;&#x2F;www.washingtonpost.com&#x2F;news&#x2F;the-switch&#x2F;wp&#x2F;2017&#x2F;05&#x2F;23&#x2F;google-now-knows-when-you-are-at-a-cash-register-and-how-much-you-are-spending&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.washingtonpost.com&#x2F;news&#x2F;the-switch&#x2F;wp&#x2F;2017&#x2F;05&#x2F;23...</a> From 2017!<p>Consumer data is the gold the consumer appears to be giving away, unwittingly or carelessly, regardless of the regime or geographic location.
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swileyover 4 years ago
This is where the US is heading if we continue our down our current path. I wouldn&#x27;t be surprised if Microsoft started sending data from linkdin to the credit agencies.
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LockAndLolover 4 years ago
This isn&#x27;t already been going on since forever? Doesn&#x27;t any government need read-only access to a citizen&#x27;s bank accounts for taxes already?<p>What am I missing?
dqpbover 4 years ago
Social credit scores and the automation of service access control is going to be one of the truly great shit shows of our generation.
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