Home » Tech

Facebook Introduces AR Games on Its Messenger App

10 August, 2018, 17:32 | Author: Rafael Roberts
  • Facebook in talks with banks to expand customer service

"A critical part of these partnerships is keeping people's information safe and secure", the spokeswoman added. Although Facebook already owns WhatsApp and Instagram, the company faces competition from platforms such as Snapchat, China's WeChat and Apple's iMessage. Currently, the Facebook Messenger has 1.3 billion users so indeed there is tremendous potential here to simplify the bank transactions in quite an easy fashion if the app is able to integrate with the bank and offer numerous banking services as well.

From a business perspective, it's not wrong for Facebook to reach out to banks to establish a collaboration that would boost its usage.

Facebook now has deals with several financial institutions, including PayPal and American Express that allows users to review transactions and receipts in Messenger. It asked for information including card transactions and account balances, according to the report.

The ability to make payments via Messenger was rolled out to UK Facebook users past year. Now, Facebook has chosen to pursue an even greater hold over its customers personal data during times when major tech companies have come under fire for completely bungling its users data. These data privacy scandals appeared to be at least one major catalyst behind Facebook's precipitous plunge on the stock market at the end of last month.


It's also safe to assume that the value proposition here is heavily weighted towards Facebook while the risk, if this data was to be misused, falls uncomfortably on the shoulders of the bank itself.

Sky News has contacted Facebook for comment.

Like countless other businesses, Facebook insists it's simply helping banks and credit-card companies offer services like customer chat or account management via its Messenger service.

In a statement, Facebook denied that it was seeking information on transactions and said it was looking to help banks with their customer service.

Recommended:



Popular

Actor and comedian Rowan Atkinson defends Johnson in burqa row
A three-person panel will now decide if a full investigation is needed into whether or not he broke the Tory "code of conduct". Labour , which has faced continued pressure over its handling of anti-Semitism in the party, fell three points to 35%.

Crippling drought putting Australian farmers under intense strain
News reports that New South Wales produces about twenty-five percent of Australia's agricultural output. The brown surrounds at the O'Brien farm echoes the experience of many other NSW farmers.

Canada shooting: Several dead in Fredericton, New Brunswick
They're also asking people to refrain from calling the police station because of the high volume of calls. The shooting took place in Fredericton , the capital of New Brunswick.

Manchester United, Tottenham and Chelsea All Ready For Big Signings
The way in which United are being talked about this pre-season, it's as if they've got a load of bums playing for them. Gary Neville was speaking to promote Cadbury as the official snack partner of the Premier League .

Ryanair strike: One in six flights cancelled in pilot walkout
A spokesman said that despite the walkouts, 85% of Ryanair's scheduled flights, more than 2,000, would operate as normal. Customers have been notified and a majority of those affected moved to another Ryanair flight, the company said.

U.S. To Impose New Sanctions On Russia For Nerve Agent Attacks
He said the new sanctions amount to "inflicting a punishment in the absence of a crime, in the tradition of lynch law". After a two-week congressional notification period, the sanctions are set to take effect on August 22, 2018.

Manchester United's Jose Mourinho not confident of new signings before deadline
Manchester United manager Jose Mourinho says he is "not confident" he will get any new signings before the transfer deadline.

NFL players kneel, raise fists or sit out National Anthem
He said the team didn't agree with his belief that National Football League players should stand during the anthem. Kaepernick applauded the Dolphins players shortly after the display for their protest of "systemic oppression".

Abby Huntsman Leaving Fox News to Join The View
ABC has not commented on the news. " The View " finished its 2017-18 season on a ratings roll, averaging 2.9 million viewers per day.

"We can't afford Milinkovic-Savic" admits Milan boss Leonardo
In order to do so, the Red Devils will have to smash their transfer record, with Lazio demanding €155 million for their prized asset.