Facebook reportedly wanted big U.S

The social media giant is making the effort amid ongoing concerns about its ability to keep data private

Facebook has entered discussions with major USA banks in an attempt to gain access to customer data, the Wall Street Journal reports. "It has also pitched fraud alerts", reported the Wall Street Journal, which claimed, "Facebook has told banks that the additional customer information could be used to offer services that might entice users to spend more time on Messenger".

(C) and U.S. Bancorp (USB) in the past year to determine whether potential offerings for bank customers on Facebook Messenger might be possible. The worries around data sharing come as Facebook is under regulatory. In order for Facebook to show users' banking information, Facebook would need to have access to that same data too, which it could then use to improve its ad-targeting algorithms.

It's not clear if Facebook's attempts to obtain user financial data will be successful or not, but we'll likely find out in the coming months.

There’s "no problem" between Chelsea and Hazard despite exit talk - Maurizio Sarri
The England worldwide has been linked with a host of different Premier League clubs in the summer transfer window. Chelsea made one of the signings of the summer by bringing in manager Maurizio Sarri .


"Like many online companies with commerce businesses, we partner with banks and credit card companies to offer services like customer chat or account management", a Facebook spokesperson said in an email statement.

One large bank has reportedly pulled away from the discussion due to privacy concerns. "Account linking enables people to receive real-time updates in Facebook Messenger where people can keep track of their transaction data like account balances, receipts, and shipping updates".

"The idea is that messaging with a bank can be better than waiting on hold over the phone - and it's completely opt-in", the statement said. (JPM), Wells Fargo & Co.

Astronauts picked for SpaceX, Boeing capsule test flights
Hurley is a retired Marine Corps colonel and test pilot who has also piloted space shuttles Endeavor and Atlantis. They were two of the four astronauts selected by NASA in July 2015 to be trained to fly commercial crew missions.


FBN's Stuart Varney, Ashley Webster and Liz MacDonald on reports Facebook is asking banks for financial information about their customers.

Facebook acknowledged last month that it was facing multiple inquiries from U.S. and British regulators about a scandal involving the now bankrupt British consultancy Cambridge Analytica.

Shares in the social network have regained some ground, and rose 4.4 percent to close at $185.69 on Monday.

Rookie becomes rare Englishwoman to win British Open
It put the two-time major victor tied for eighth at five-under par overall, with leader Pornanong Phatlum of Thailand at 10-under. Meanwhile, New Zealand's Ben Campbell holds a four shot lead after the second round of the Fiji International tournament.


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