How Google Knows When Your Bills Are Due
By J. D. BIERSDORFER NOV. 28, 2016
Q. This week my smartphone received an alert from Google listing the balances due on my credit cards. My response was “never” do it again, but I have to wonder about my personal financial/identity security. How did they get this information? Is it legal?
A. Many credit card and utility companies send payment reminders by email that include details like the name on the account, the payment amount and the due date. What is probably happening here is that Google is automatically scanning your Gmail messages for notices about package deliveries, flight times, restaurant invitations, and yes — bill reminders — and using the information in smartphone alerts for its Google Now/Google Assistant software.
If you don’t want to see your bills or other types of personal information in your Google feed, you can make adjustments to the app’s settings. Credit The New York Times
Technology has once again put the banking sector into a state of flux. Since the release of the world's first ATM in 1969, banks have been working to automate services once handled by tellers in branches, to make them more widely available.
The birth of the internet saw the finance industry recalibrate itself again, moving to replicate its traditional banking operations on their respective websites. Banks worked hard on developing mobile apps and streamlining their online presence.
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