Banks want to turn data they already have on your spending habits into extra revenue by identifying likely customers for retailers. Banks want to turn data they already have on your spending habits into extra revenue by identifying likely customers for retailers. It joins Chase, Bank of America, PNC, SunTrust and a slew of smaller banks. Now banks, too, want to turn data they already have on your spending habits into extra revenue by identifying likely customers for retailers. And many banks don’t seek explicit consent, instead including these programs by reference in general agreements for the card or online banking.

Source: ABC News December 02, 2019 17:24 UTC