Banks are on an unstoppable uncontrolled trajectory in pursuit of KYC over-achievement. That is, they over-collect far more data on people than legally required (before it gets leaked to criminals in data breaches). Banks’ privacy policies are rife with anti-consumer weasel words.
It’s such a shit-show that privacy proponents have no real choice other than to quit banks and operate entirely with cash. Not many people have that level of discipline.
Software can turn this situation around. For example, there are ~6000 privacy-abusing banks and credit unions in the US. If a robot harvests all the privacy policies, fetches AOS apps to check permission reqs, records those with websites MitMd by Cloudflare, and uses all that info to find the lesser of evils, consumers can participate in creating a competition for privacy (as opposed to a competition of meaningless soul-selling fractions of a percent of interest earnings). The heart of the problem is banks are only getting pressure from the side of oppressors and tyranny and no pressure from the side of the people they purport to serve. Software and data can remedy this.
Worth noting that long before the AI bubble started, a university in the US studied bank privacy policies in bulk using a scraper bot that just looked at the standardised privacy disclosure forms for which all banks must conform to a standard layout. The data has rotted by now so their research is not of much use.
You tell me. Does python have a library that equates synonymous phrases and patterns in natural languages without AI?
Python is what the researchers used, but they only strictly looked at the standard privacy tables with cells that contain yes, no, or sometimes/depends.
You’ve misunderstood. I would never use a bank’s proprietary closed-source spyware exclusively distributed by Google for Google patrons. I envisioned harvesting Exodus Privacy reports to use as input in the assessment of bank’s privacy hostility and abusiveness.
At the same time, the app proposed would obviously not just be for me. Countless boot-licking people are happy to use bank apps. But some may want to know which bank exploits them relatively less. It is not sensible to think all such people have competency to handle custom ROMS. Also, bank apps tend to detect when they are running on a VM or custom ROM and terminate.
Not my problem. The banks staffed by those with a higher level of competency to handle Tor users should get praise and recognition. What are you claiming is the benefit to the app ignoring the Tor accessibility factor?
Exactly why the app should look for it. Complaints are useless. Vote with your feet and switch to a bank that has their shit together. Money talks.
Nonsense. They potentially¹ have customers’ residential address, not their realtime geolocation at every login. And your ISP does not know where you bank unless you are foolish enough to access your bank from home over clearnet. Note that Trump has ensured that ISPs do not need your consent to collect and sell that data. So today under Trump an ISP can sell where you bank to prospective debt collectors, for example.
¹ E.g. in the US, they need an address, not necessarily a residential address. A homeless person can legally open a bank account using a family member’s address, for example.
Cloudflare treats VPNs with the same hostility as Tor. VPNs also require trust that Tor does not.
When your bank asks you for income info face to face, uBlock Origin cannot protect you.
The app would not be for all consumers. The app can only serve the small minority of consumers who care about privacy. I’m fine with that.