Friday, April 26, 2024


Snoops gotta snoop

By DAC000 , in Big Data Surveillance Capitalism , at February 5, 2020 Tags: , ,

Why would a bricks and mortar banking giant buy a tiny digital receipt start-up? One word: data. If a bank can get digital copies of your receipts think of all the cross selling opportunities this offers. And will the bank keep this data for itself, or sell, sell, sell the information?  I think we all know the answer to that question. About a four-minute read.

Comment: well now this is getting downright scary. The more integrated and digital payments become – for my “convenience” – the more I tend to pay in cash.  For my privacy. 

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