Barclays mulls letting customers check balances via Facebook

  • 17 November 2016
  • 2 replies
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Userlevel 7
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:@
 
17th November 2016  by Lisa Vaas
 
How safe do you feel when dealing with money online, whether that’s checking your balance, settling bills via your bank’s online platforms, going on a spree at Amazon or paying up on a parking fine?
 
How would you feel about using Facebook to do those things?
 
Because that’s one of the things that an EU directive passed a year ago has cleared the way for, and it’s what Barclays, one of the world’s biggest banks, is thinking of doing.
 
Speaking at a database conference in London this week – MongoDB Europe – Bala Chandrasekaran, Barclays’ director of data optimization and simplification, explained how moving to a NoSQL database has relieved the pressure on the bank’s mainframe infrastructure, which has on occasion failed.
 
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Userlevel 7
Oh Lordy...now that is a 1st class dumb idea...if I ever heard one. Talk about walking in at the deep end and being surprised when one sinks. The really need their collective heads examined over at Barclays. :@
Userlevel 7
Badge +25
I wouldn't trust Facebook.  Better yet, I would use paypal; they guarantee the money going out (for any payments).
Good article Jasper thanks.    ;)

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