Soldato
Over my cold dead body.
Over my cold dead body.
Open banking has been here for a while. The chaps at Money Dashboard are doing good things with it, but they're quite open about the value being the accumulated user data. I imagine Facebook want it for the same reasons. 250 million people already use Apple Pay, so I'm sure there'll be plenty of Facebook's 2 billion + users who'll be willing to share if they feel that there's something in it for them.
I noticed when I went to China, one of the popular social media platforms (WeChat) has a similar payment system and was everywhere. It has become fairly ubiquitous over there, you could go to a small noodle stand and use it. Sounds like Facebook is trying to copy it but I would never trust them to hold my name and address let alone my banking information.