Facebook Wants To Collect Financial Data

Business Insider reports that, "Facebook wants banks to give it users' financial data so it can integrate it into its platform... Facebook has been talking to some big US banks about partnerships. The news sent Facebook's stock popping as high as 3%." However, several people have critique Facebook for going in this direction claiming it's allowing the company to gain too much power. They find this especially troublesome after how Facebook handled user data in the Cambridge Analytica scandal.