JPMorgan Chase announces it is selling 80 million customer transaction histories to third party advertisers
The largest bank in the United States based on assets quietly announced earlier this month that it has begun selling the transaction histories of around 80 million customers to third parties, which are using the information to curate targeted advertising. ...
Just one of many reasons why I don't bank with a behemoth like JP.
Thus comports with the absolute shabby treatment I got from them when I moved investments from them to another fiduciary agency. They were totally awful and even tried to force me to pay extra taxes by misclassifying the transaction. That alone could have cost me thousands of dollars in taxes, but my accountant went toe to toe with them and I won that round.
JPM is a horrible corporation and they deserve to fold.
Class action lawsuit incoming.
Jeez, I hope so.
It makes no sense! I don't need ads for things I already bought!!
I buy an item on line and then immediately get an ad for the same thing I just bought! What a waste of the advertiser's money!
It's not supposed to work that way. I guess the advertisers are complete dumbasses. It's supposed to be like on Amazon when they show you things related to what you bought. Like batteries for the electronics, or RAM for the computer, or ammo for the AR. oops.
Coming to a Mom and Pop bank near you, too. Heck, just sell them my addy and SSN for kicks and grins.