# Facebook Banking **URL:** \ **Category:** Fintech Chat\ **Created:** [7 August 2018 15:48 UTC](https://community.monzo.com/t/facebook-banking/44363 "2018-08-07T15:48:49Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![simonb](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/simonb/32/78198_2.png) [@simonb](https://community.monzo.com/u/simonb)\ **Post date:** [7 August 2018 15:48 UTC](https://community.monzo.com/t/facebook-banking/44363/1 "2018-08-07T15:48:49Z")
Well here’s a thing. A thing that I suspect will not go the way Zuckerberg would like. > **[Facebook wants to partner w/ banks for new Messenger features, but it promises...](https://9to5mac.com/2018/08/06/facebook-bank-partnership/)** > > A pair of reports emerged today highlighting how Facebook does (and does not) want to work with and share user data with banks. The Wall Street Journal first reported on Facebook’s broad-reac… Quick straw-man poll: **Would you trust Facebook with your banking info?** _Poll ([view on site](https://community.monzo.com/t/facebook-banking/44363/1))_ ---
**Author:** ![anon36758262](https://avatars.discourse-cdn.com/v4/letter/a/c5a1d2/32.png) [@anon36758262](https://community.monzo.com/u/anon36758262)\ **Post date:** [7 August 2018 15:58 UTC](https://community.monzo.com/t/facebook-banking/44363/2 "2018-08-07T15:58:44Z")
Something because of PSD2 they can just do here… ---
**Author:** ![anon77363772](https://avatars.discourse-cdn.com/v4/letter/a/3da27b/32.png) [@anon77363772](https://community.monzo.com/u/anon77363772)\ **Post date:** [7 August 2018 16:01 UTC](https://community.monzo.com/t/facebook-banking/44363/3 "2018-08-07T16:01:24Z")
No way. I would never trust Facebook with any of my data, let alone my financial data. ---
**Author:** ![Monza](https://avatars.discourse-cdn.com/v4/letter/m/47e85d/32.png) [@Monza](https://community.monzo.com/u/Monza)\ **Post date:** [7 August 2018 16:05 UTC](https://community.monzo.com/t/facebook-banking/44363/4 "2018-08-07T16:05:19Z")
If you have a Facebook account they already know much more about you and banking data wouldn’t make much difference 😁 ---
**Author:** ![anon77363772](https://avatars.discourse-cdn.com/v4/letter/a/3da27b/32.png) [@anon77363772](https://community.monzo.com/u/anon77363772)\ **Post date:** [7 August 2018 16:07 UTC](https://community.monzo.com/t/facebook-banking/44363/5 "2018-08-07T16:07:03Z")
Well, I don’t have one, never will. ---
**Author:** ![Peter\_R](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/peter_r/32/26102_2.png) [@Peter\_R](https://community.monzo.com/u/Peter_R)\ **Post date:** [7 August 2018 18:08 UTC](https://community.monzo.com/t/facebook-banking/44363/6 "2018-08-07T18:08:05Z")
I voted “no” because I’m not likely to need to do so or use whatever these features are However, from a technological standpoint I don’t expect they’d be any more insecure with my bank details than say Emma, Yolt or truelayer, all of whom I’ve shared them with ---
**Author:** ![Dannytc](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/dannytc/32/29430_2.png) [@Dannytc](https://community.monzo.com/u/Dannytc)\ **Post date:** [7 August 2018 18:20 UTC](https://community.monzo.com/t/facebook-banking/44363/7 "2018-08-07T18:20:14Z")
“unfortunately you only have small volume of friends and little likes, 1% savings rate” “You’re viral, 13% interest rate” Jokes obvs ---
**Author:** ![anon40779440](https://avatars.discourse-cdn.com/v4/letter/a/91b2a8/32.png) [@anon40779440](https://community.monzo.com/u/anon40779440)\ **Post date:** [7 August 2018 19:01 UTC](https://community.monzo.com/t/facebook-banking/44363/8 "2018-08-07T19:01:02Z")
Facebook willingly gave up their entire database to their “friends” in the Obama campaign. They are a nakedly partisan outfit that cannot be trusted by citizens - especially by those on the right of centre: > **[Why Are We Only Now Talking About Facebook And Elections?](https://www.forbes.com/sites/kalevleetaru/2018/03/19/why-are-we-only-now-talking-about-facebook-and-elections/#3f5064ef4838)** > > Four years ago Obama's campaign was lauded as "masterminds" for harvesting Facebook friend lists to build digital profiles for voter targeting, even recording who they were photographed with, while today Cambridge Analytica is villainized as... > [@](#): > > As Carol Davidsen, former Director of Integration of Media Analytics for Obama for America put it last night in a series of tweets [reflecting](https://twitter.com/cld276/status/975568130117459975) back on the 2012 campaign: “Facebook was surprised we were able to suck out the whole social graph, but they didn’t stop us once they realized that was what we were doing. They came to office in the days following election recruiting & were very candid that they allowed us to do things they wouldn’t have allowed someone else to do because they were on our side.” ---
**Author:** ![Anarchist](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/anarchist/32/27895_2.png) [@Anarchist](https://community.monzo.com/u/Anarchist)\ **Post date:** [7 August 2018 19:12 UTC](https://community.monzo.com/t/facebook-banking/44363/9 "2018-08-07T19:12:34Z")
> [@anon40779440](#): > > especially by those on the right of centre: At the risk of starting something, I’d add; “Or left of centre, or in the centre.” I have zero trust in Facebook. ---
**Author:** ![anon4562461](https://avatars.discourse-cdn.com/v4/letter/a/9f8e36/32.png) [@anon4562461](https://community.monzo.com/u/anon4562461)\ **Post date:** [7 August 2018 19:26 UTC](https://community.monzo.com/t/facebook-banking/44363/11 "2018-08-07T19:26:47Z")
> [@anon40779440](#): > > Facebook willingly gave up their entire database to their “friends” in the Obama campaign. They had friends in the Trump campaign too then. Managed to target the racists he needed to succeed. ---
**Author:** ![Anarchist](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/anarchist/32/27895_2.png) [@Anarchist](https://community.monzo.com/u/Anarchist)\ **Post date:** [7 August 2018 19:30 UTC](https://community.monzo.com/t/facebook-banking/44363/12 "2018-08-07T19:30:36Z")
> [@anon4562461](#): > > They had friends in the Trump campaign too then There wasn’t a Trump campaign at that time. That came later. ---
**Author:** ![anon4562461](https://avatars.discourse-cdn.com/v4/letter/a/9f8e36/32.png) [@anon4562461](https://community.monzo.com/u/anon4562461)\ **Post date:** [7 August 2018 19:30 UTC](https://community.monzo.com/t/facebook-banking/44363/13 "2018-08-07T19:30:59Z")
![](https://global.discourse-cdn.com/monzo/original/3X/b/9/b968c0e11a6039b1b1ba3d2a49bdc5903e7d1053.gif) ---
**Author:** ![SC95](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/sc95/32/30201_2.png) [@SC95](https://community.monzo.com/u/SC95)\ **Post date:** [7 August 2018 19:32 UTC](https://community.monzo.com/t/facebook-banking/44363/14 "2018-08-07T19:32:10Z")
This thread will need closing soon I reckon 😂 Just to remind we are not talking about US elections here [![](https://global.discourse-cdn.com/monzo/original/3X/8/3/837266d430de3808a96225063038c5cf46e1232e.gif "Tv Melissa And Joey GIF - Find & Share on GIPHY") ](https://media.giphy.com/media/yShAsmao0vZv2/giphy.gif) ---
**Author:** ![Anarchist](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/anarchist/32/27895_2.png) [@Anarchist](https://community.monzo.com/u/Anarchist)\ **Post date:** [7 August 2018 19:32 UTC](https://community.monzo.com/t/facebook-banking/44363/15 "2018-08-07T19:32:29Z")
I pressed ‘like’ but I don’t know what that gif means 😂 ---
**Author:** ![WillP79](https://avatars.discourse-cdn.com/v4/letter/w/94ad74/32.png) [@WillP79](https://community.monzo.com/u/WillP79)\ **Post date:** [7 August 2018 19:53 UTC](https://community.monzo.com/t/facebook-banking/44363/16 "2018-08-07T19:53:19Z")
Has anyone who voted No ever signed up for Cleo? ---
**Author:** ![HoddzDJ](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/hoddzdj/32/52214_2.png) [@HoddzDJ](https://community.monzo.com/u/HoddzDJ)\ **Post date:** [7 August 2018 21:56 UTC](https://community.monzo.com/t/facebook-banking/44363/18 "2018-08-07T21:56:13Z")
Nope. ---
**Author:** ![anon23935806](https://avatars.discourse-cdn.com/v4/letter/a/58f4c7/32.png) [@anon23935806](https://community.monzo.com/u/anon23935806)\ **Post date:** [7 August 2018 23:01 UTC](https://community.monzo.com/t/facebook-banking/44363/19 "2018-08-07T23:01:44Z")
Nope, out of principle, screw them. In reality though, if you use Facebook they have more than enough data to have an idea of your finances without even looking at your account. ---
**Author:** ![jwhiterz](https://avatars.discourse-cdn.com/v4/letter/j/c68b51/32.png) [@jwhiterz](https://community.monzo.com/u/jwhiterz)\ **Post date:** [7 August 2018 23:22 UTC](https://community.monzo.com/t/facebook-banking/44363/20 "2018-08-07T23:22:00Z")
I have 🙂 probably closing account soon though. Was more to have a play around with it. ---
**Author:** ![WillP79](https://avatars.discourse-cdn.com/v4/letter/w/94ad74/32.png) [@WillP79](https://community.monzo.com/u/WillP79)\ **Post date:** [8 August 2018 06:38 UTC](https://community.monzo.com/t/facebook-banking/44363/21 "2018-08-08T06:38:36Z")
Yeah me too - it was useless and extremely hard to close! (I didn’t vote, BTW) ---
**Author:** ![gallifreyangirl](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/gallifreyangirl/32/96820_2.png) [@gallifreyangirl](https://community.monzo.com/u/gallifreyangirl)\ **Post date:** [8 August 2018 06:43 UTC](https://community.monzo.com/t/facebook-banking/44363/22 "2018-08-08T06:43:38Z")
Not too keen on idea of Facebook banking. [Next page](https://community.monzo.com/t/facebook-banking/44363.md?page=2)