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“We think Facebook and Google know a lot about us - who knows more about us than AmEx, MasterCard and Visa? They know exactly what we spend and where we spent it... so they're looking at ways to unlock it.” quote by Anthony Goldbloom
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“We think Facebook and Google know a lot about us - who knows more about us than AmEx, MasterCard and Visa? They know exactly what we spend and where we spent it... so they're looking at ways to unlock it.”

Anthony Goldbloom

About This Quote

Source Talk: Data Privacy in Finance, 2018

Financial firms know detailed spending habits, potentially more than social media, prompting data‑unlocking efforts.

In simple terms: Finance knows spending habits deeply.

Key Takeaway

Guard personal data carefully.

Themes

privacy finance data analytics

Mood

concerned informative

Type

business ethical

When to use this quote

  • financial planning
  • policy advocacy
  • tech development

Key Concepts

consumer profiling financial services privacy regulation

Questions to Reflect On

  • How can consumers protect spending data?
  • What regulations are needed?
A Different Perspective

May overstate risk.

3.8 out of 5 (7 ratings)

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