this post was submitted on 07 Dec 2023
169 points (96.2% liked)
Privacy
32108 readers
736 users here now
A place to discuss privacy and freedom in the digital world.
Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.
In this community everyone is welcome to post links and discuss topics related to privacy.
Some Rules
- Posting a link to a website containing tracking isn't great, if contents of the website are behind a paywall maybe copy them into the post
- Don't promote proprietary software
- Try to keep things on topic
- If you have a question, please try searching for previous discussions, maybe it has already been answered
- Reposts are fine, but should have at least a couple of weeks in between so that the post can reach a new audience
- Be nice :)
Related communities
much thanks to @gary_host_laptop for the logo design :)
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I know it's an unobtainable dream, but a banking app for every bank on any platform.
https://en.m.wikipedia.org/wiki/Open_banking
All banks in EU have APIs for this purpose (also see PSD2).
Banks in the US use Open Banking APIs too, they won't open it up for the public to use, though. Every company, not just banks, wants us to have their app on our phone.
This seems to be more of bank-to-bank protocol than a bank-to-customer protocol.
I was developing these apis for one of the biggest banks in central/eastern Europe.
You’re right that they are not intended for bank to customer access directly. What they allow though is for third parties (other banks, mobile apps, services) to access these apis. It requires a licence though.
Point is that a lot of banks in Europe allow to add other bank‘s accounts to their app. Also aggregator apps exist.
Banks could simply come together and develop an open banking standard for customers. Would probably save them a lot of money too, since the development of their stupid apps presumably costs them a lot.
Yeah, but think about all the data they can gather for their marketing team and the ads they can send over notifications.
no way bro that would be too simple and easy for the customer! nah best to just have tracker injected bloated apps infesting everyone's phones.
Maybe thats not too dreaming in some countries... Brazil for example (use the translate that u prefer from pt-BR)
Just use a psyche processor on your Navi and then you can figure out the rest by yourself.