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Facebook Looking to Partner With Banks

Facebook is looking to partner with more U.S. financial institutions to provide users with account management tools and other products on its messaging platform Facebook Messenger, The Wall Street Journal reported today. The company has talked to banks like Citigroup, JPMorgan Chase and Wells Fargo about possible products in which users could use Facebook Messenger to obtain information about their bank accounts and credit cards. That information would include aspects like account balances, transaction histories and fraud alert messages, WSJ reported. For such products to work on Messenger, Facebook has told potential partners that it would need access to users’ financial information.

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