About Quote by Anthony Goldbloom
“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.”
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.
Guard personal data carefully.
Themes
Mood
Type
When to use this quote
- financial planning
- policy advocacy
- tech development
Key Concepts
Questions to Reflect On
- How can consumers protect spending data?
- What regulations are needed?
May overstate risk.