I work in this industry and I can confirm that there's fucking nothing ensuring the privacy of these transactions. Tens of thousands of people have full access to everyone's credit card history, and that's not counting unauthorized access and card skimmers.
Privacy
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the bank worker i interacted with the other day just casually had access to everything
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mpv https://odysee.com/@NaomiBrockwell:4/Financial-surveillance:e?r=2zW2U8ZcN8MsrJT5cgp9uunSj5LEJEDR
Wut
It's a talking-head video presentation on a well-known video publishing website.
Given your browser couldn't show anything useful from that webpage, @[email protected] offered a solution: just feed the URL into mpv, which happens to be excellent at playing audio/video from web pages if you also have yt-dlp installed.
Hm. The link is actually a video on odysee.com. I'm experiencing no issues on my end, and it's even letting me watch the video in a miniplayer within Lemmy itself. I'm using LibreWolf, a privacy fork of Firefox, so I don't know if this is an issue on Chrome-based browsers or not.
I really hope GNU Taller actually get adopted by at least one bank as it got funding for coming years.
As part of just living in.... the world, I already kind of assumed it was possible for some parties, credit card companies in particular, to pry in to my financial activity and also interested governments to compel banks to hand over whatever they had, and/or possibly just hand over everything about everyone to government all the time automatically. This was bad enough, however, even I was surprised and shocked to learn how bad it was with my own bank when they sent me a letter gleefully telling me that as of the date of the letter they had now managed to sell my data to even more 3rd parties. I was not, up until that point aware that they were selling my data at all, and that 3rd parties (other than the credit card company) were getting access to it not just because of powers to compel, like people might expect of governments, but purely because the bank was literally handing it over to whoever was willing to pay for it, no consent on my part necessary. I don't know what changed that required them to apparently have to now disclose this to me, but I assume that they were forced, hence the letter. The sneaky motherfuckers didn't frame it that way though, not "due to recent legislation the bank is obliged to inform you blah blah blah", no just "good news removed, we were selling your data, we still are, but we used to too, and now we're selling it to more people, hope you like egregiously unethical behaviour because we put a travesty in to our travesty so you can experience a travesty while processing the first travesty".
My bank knows my employer and which ATM I take money out of.
If you’re in the US, your bank knows way more about you than that and it’s naive to believe otherwise. A lack of credit doesn’t mean a lack of tracking; it just means your data is being pulled from elsewhere.
If you’re not in the US, you might have a better chance at privacy.