Looks like First Direct is going down the pan then:
https://www.thisismoney.co.uk/money/mar ... irect.html
Shame
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- Lemon Quarter
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- Joined: November 5th, 2016, 8:43 am
Re: Shame
Stonge wrote:Looks like First Direct is going down the pan then:
https://www.thisismoney.co.uk/money/mar ... irect.html
With a customer's consent, a financial services provider can collect information from all of your accounts – from your spending on credit cards to your mortgage payments – and hold it all together on a single mobile phone app or website.
Wonder how they'll disguise the 'giving consent' part. Rather like Amazon trick 1000s into signing up for Prime?
For banks, the rules represent a potential goldmine.
Yes, I bet they do!
Steve