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Facebook and Google set to expand respective financial services

Earlier this month Google and Facebook announced that they will expand the scope of their financial services by developing a Google checking account and a digital wallet that will be integrated across all Instagram services. Although these services are set to make our lives simpler, adding our financial data to their existing database allows Big Tech companies to understand our risk tolerance, buying habits, track our shopping behaviour as well as our loans and credit card exposures. Click here to read more

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