You Can Now Play Augmented Reality Games in Facebook Messenger

Judy Cobb
August 10, 2018

The famous social media company will soon add more games to add some thrill to its user experience.

In short, they are now aware that their privacy is at risk whenever they use the internet.

The Wall Street Journal had reported that Facebook approached JPMorgan Chase, Wells Fargo, Citigroup, and US Bancorp to ask for information about users' account balances and card transactions. And now it wants that information to include banking data?

In lieu, of the recent allegations on Facebook regarding data security and privacy, it remains to be seen if the banks would agree to share the critical information of their users with such a tainted company. This feature is similar to Snappables announced by Snapchat in April this year.

In Hong Kong, Hang Seng Bank is one of the market pioneers in using the latest technology to reach out to customers.

It's also safe to assume that the value proposition here is heavily weighted towards Facebook while the risk, if this data was to be misused, falls uncomfortably on the shoulders of the bank itself.

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'Account linking enables people to receive real-time updates in Facebook Messenger where people can keep track of their transaction data like account balances, receipts and shipping updates.

But the fact is, banks already provide smartphone apps that enable their clients to receive transaction alerts once they turn on the notification function.

"The idea is that messaging with a bank can be better than waiting on hold over the phone", the company spokesperson added.

Although the novelty of games can wear off, perhaps Facebook is content putting time and resources behind it for now.

Nevertheless, the Journal reported, privacy concerns led one large US bank, which the paper did not name, to end the negotiations.

The details could be used (for instance) to allow customers to chat with their bank via a "bot" in Messenger.

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