Consumers don’t seem to understand what’s happening with their data — does it matter?

Consumers’ responses also showed that they had little idea about the duration for which non-bank finance applications access their data. While 21% believed that once submitted, their data remains always accessible, only 23% were aware that they must manually revoke their consent, or change banking…

Read the full article at: tearsheet.co

  • John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.