Facebook is looking to get into banking and dating

-

-Cliffson


Oh Facebook, Facebook, Facebook! What are you up to? New features and new types of ads are coming at us thick and thin. It is hard to keep up with your talent shows and your private conversation video ads. So what are these next moves you’re making Facebook? Banking and dating? What the hell?

Facebook banking

Yep, Facebook has reportedly contacted some large institution banks asking for customer data. The plan, according to The Wall Street Journal, is to offer more financial services to Messenger users. The information Facebook has requested includes credit card transactions and checking account balances. The report in The Wall Street Journal says that Facebook could then use this data to help power Facebook Marketplace, send out potential fraud alerts, and even bank balances in Messenger chats.

More about Facebook's scandals


Facebook deliberately shared your data with 60 companies ►
Facebook banned ►

Facebook suspends over 200 apps in the wake of the Cambridge Analytica scandal ►
Facebook deletes over 200 accounts and pages linked to Russian troll farm ►
The move fits in with Facebook’s overarching strategy for Messenger, which is to turn Messenger into a service-providing behemoth that puts users in touch with whatever it is they need at any given moment of the day. News of this action from Facebook went down well on Wall Street where, after a disastrous week for the big blue that saw over one hundred billion dollars wiped off its stock value, Facebook share prices surged over 3%.
As to whether users will be happy with Facebook having their banking details after so much of their other personal data has ended up in nefarious hands is another matter. Would you use Facebook banking services?

Facebook dating

The other big Facebook news from the last couple of days is about Facebook’s plans to take on Tinder. The social giant is currently running internal testing on a dating feature that will form a part of the main Facebook app. Facebook Dating could roll out to 18+ Facebook users in the U.S.
According to the info released by serial social media tipster, Jane Manchum Wong, the Facebook dating tab offers a somewhat mature look at dating. I mean who’d use their actual Facebook page to search for a one night stand anyway?

Facebook told us about its plans for dating at the F8 expo
Users opt-in to Facebook dating, and they’re then visible to other people who have also opted in. The big news here is that users decide whether Facebook friends can see if they’ve opted in or not. As Facebook announced back at its F8 Expo, Facebook Dating users will be able to look through Events and Groups based on their interests and then unlock them for dating. When two people with similar interests then find each other, they can open up chats in Messenger or WhatsApp.
Facebook vs Facebook Lite: What are the differences between the apps?
Learn More
The good news is that Facebook is not sticking to binary gender options so there will be space for everybody to express themselves as they wish in their search for love. Facebook is also considering limiting the number of people users can show interest in to prevent people from merely accepting everybody in a bid to find someone who likes them back. There is also no current plan from Facebook to show ads on Facebook Dating or charge for premium features, but this could change.
Do you think you’d be interested in using Facebook banking or Facebook dating? Let us know in the comments.

Comments

Post a Comment

Popular posts from this blog

Gmail’s new features will make your emails disappear

-
Image
 - August 22, 2018 Two new Gmail features offer the interesting ability to make sent emails disappear into thin air Two new Gmail features allow you to delete emails after they’ve been sent Google has added a couple of interesting new features to Gmail. We first heard about Confidential mode  when the big Gmail redesign was first announced back in April. Another new feature called Undo Send has been spotted on the Android version of Gmail by Android Police. Both offer a unique way of making messages you’ve already sent disappear forever. Gmail Access now First up is Confidential mode . Resembling Snapchat or Instagram Stories, Confidential mode allows Gmail users to send emails that will self-destruct after a pre-determined amount of time. The feature has been live on mobile devices for a few days now and makes sending confidential information a much more comfortable experience. As well as setting an expiration date for...
Read more

Uber pushes for self-driving cars after losing $900 million

-
Image
 - August 24, 2018 Uber is facing some inner turmoil and restructuration after facing massive losses. The company’s Advanced Technologies Group division focuses on autonomous vehicles and self-driving technology. CEO Dara Khosrowshahi remains undecided on whether or not to shut down the ATG division, which reportedly burns through $100-$200 million per year. Uber Download Free ► Uber’s ATG division remains the centerpiece of constant argument within the company. Because Uber takes a loss with every ride due to driver payout, many argue that automated driving technologies are the key to the company’s future, especially as rival ride-sharing services and auto manufacturers race to create the world’s first viable driverless cars. Supporters argue that by moving away from a driver-based model, Uber can curb losses and create a much higher profit margin, which is especially important now as the company plans to go public in 2019. Ube...
Read more

Marvel films say goodbye to Netflix

-
Image
Trending  - August 16, 2018 “Ant-Man and the Wasp” will be the final Marvel film we’ll see on Netflix. “ Captain Marvel” and “The Avengers 4” will premiere directly on the new Disney streaming platform. The launch of this new service is expected for 2019. The rest of Marvel’s content, such as the first “ Ant-Man” movie, “Doctor Strange,” “Civil War,” and “Age of Ultron” will be removed once contracts between Disney and Netflix are over. However, it will be several years until that happens. What about series produced between Marvel and Netflix, such as “ Jessica Jones” and “Daredevil”… ? Since they were co-produced, Netflix maintains rights and they’ll likely remain on the platform. Another big question is Star Wars content. For now, statements from Disney only mention Marvel.   Netflix Download Now The final mystery: what will happen to Netflix in other countries? For now, all of Disney’s preparations for the laun...
Read more