It seems controversies never cease to leave Facebook’s ‘wall’. After the Cambridge Analytica scandal, the social networking giant faces claims that it is seeking banks' customer information – an allegation it has refuted.
On Monday, a Wall Street Journal article reported that Facebook is asking several major banks for customer details such as their credit card activity and account balances so that the social networking firm can use the information for offerings on its chat platforms.
But a Facebook spokesperson told CNN Money that the article “implies incorrectly that we are actively asking financial services companies for financial transaction data -- this is not true." The company, however, said that it collaborates with credit card firms and banks to provide customer chats and account management services.