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(InformationWeek)   Facebook testing new payment system. Don't forget to change the privacy settings for your bank account   (informationweek.com) divider line 30
    More: Stupid, Facebook, payment system, Yankee Group, Altimeter Group, accounting analyst, bank accounts  
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2508 clicks; posted to Main » on 16 Aug 2013 at 11:21 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



30 Comments   (+0 »)
   
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2013-08-16 11:25:49 AM
Fark Sugarmountain and farkbook.
 
2013-08-16 11:26:21 AM
They seem hellbent on chasing all their users away.
 
2013-08-16 11:29:16 AM
people pay for facebook, porn?
 
2013-08-16 11:30:52 AM
I'd totally give Facebook my credit card info, because they're so trustworthy with the rest of my information, my privacy, and my rights to my own digital content.
 
2013-08-16 11:33:04 AM
Oh hell no.
 
2013-08-16 11:35:52 AM
In before the comments are filled with "I don't have a FB".

Hispters.

GTFO.
 
2013-08-16 11:37:37 AM
Clear sign of the end of Facebook.
 
2013-08-16 11:39:34 AM
Hey the government will have access to your bank account under Obamacare, so why not Facebook?
 
2013-08-16 11:41:55 AM
I thought Facebook was free?
 
2013-08-16 11:42:20 AM

Phineas: Hey the government will have access to your bank account under Obamacare, so why not Facebook?


citation needed.
 
2013-08-16 11:42:21 AM

Your Average Witty Fark User: In before the comments are filled with "I don't have a FB".

Hispters.

GTFO.


Well, I'm sure not a hipster.  I just never saw the "need" for a Facebook account. Have also seen too many folks screw themselves by posting stupid shiat in it.

/like my sister---what she did wound up getting her divorced
//and since when was it so commonplace to blab to the world what should otherwise be tols only privately...and when drunk
 
2013-08-16 11:43:26 AM
/soapbox

People should read the "Rules & Regulations" for not only sites like Facebook but also their bank so make sure that they are not being screwed over. Many moons ago I worked for Charter One who offered a small pamphlet with amazingly easy-to-understand explanations of all of their policies, including WHY they do things the way that they do. Sure, they are still a bank and screwed over poor people, but they didn't keep what they were going to do hidden. Call your bank and ask for a copy of it.

/end soapbox

/grumpy because the cats broke a vase which woke me up.
 
2013-08-16 11:45:06 AM
So now you can look forward to paying five dollars a month for TotalFacebook?

Everyone remember, if you signed up for facebook, they own all that data.  They can publish it at any time they choose, and can charge any amount they desire for it.

Imagine this: a female facebook user uploads a picture of herself to facebook and marks it private, because she wants to show off her hot bikini body to her girlfriends, but doesn't want to send it to mom, who will accuse her of being a slut, or to that creepy guy who she was pressured by others into adding as a friend, or to any of those people on her friend list who she just doesn't really know very well.

So what does facebook do?  Using an algorithm to determine the amount of skin shown in any uploaded photo, facebook will notice the risque image, and decide to make a dime.  First, lets offer spy notification to mom for 10 dollars a "suspicion" - each time the algorithm detects a word, phrase, risque photo, or other objectionable content, it offers to tell mom.  Mom can choose to ignore, and just wonder what it may be... but she won't.  Or perhaps instead, they send an message to the creepy single guys on her list.  She just posted a 90% skin photo private photo.. want to see it for 5 dollars?

No need to tell her in either case- it isn't her data being sold.  The data belongs to Facebook, and she has already given them full permission to do both of these things with it.
 
2013-08-16 11:48:45 AM
Great Justice:No need to tell her in either case- it isn't her data being sold.  The data belongs to Facebook, and she has already given them full permission to do both of these things with it.

Something, something read what you sign up for something...

PS- I agree with what you are saying, just being sarcastic

/really pissed off this morning at the cats
 
2013-08-16 11:53:26 AM
I had once used a credit card on FB to get my wife something for Mafia Wars.

Then, like 2 years later, I was working on an ad for a friend of mine.  I was an administrator of his page.  I never approved the ad, or made it live.  But my card got charged like $75 a day for 4 days because somehow the ad went live with "full pay benefits".  It wasn't my ad.  It wasn't my account.  But since I was the only one connected to the ad that had a card on file, I was the one that got charged.

I got all the charges reversed, fortunately.  I also removed any and all payment information I could dig up.  But you would be amazed at the amount of hoops you have to jump through to even get a response when something like this happens.
 
2013-08-16 11:53:39 AM

Great Justice: The data belongs to Facebook


Child porn.
 
2013-08-16 11:53:46 AM

Carn: Phineas: Hey the government will have access to your bank account under Obamacare, so why not Facebook?

citation needed.


SEC. 1104. ADMINISTRATIVE SIMPLIFICATION.(a) Purpose of Administrative Simplification- Section 261 of the Health Insurance Portability and Accountability Act of 1996 (42 U.S.C. 1320d note) is amended--
(b) Operating Rules for Health Information Transactions-
(1) by inserting 'uniform' before 'standards'; and
(2) by inserting 'and to reduce the clerical burden on patients, health care providers, and health plans' before the period at the end.
(1) DEFINITION OF OPERATING RULES- Section 1171 of the Social Security Act (42 U.S.C. 1320d) is amended by adding at the end the following:
'(9) OPERATING RULES- The term 'operating rules' means the necessary business rules and guidelines for the electronic exchange of information that are not defined by a standard or its implementation specifications as adopted for purposes of this part.'.
(2) TRANSACTION STANDARDS; OPERATING RULES AND COMPLIANCE- Section 1173 of the Social Security Act (42 U.S.C. 1320d-2) is amended--
'(4) REQUIREMENTS FOR FINANCIAL AND ADMINISTRATIVE TRANSACTIONS-
'(A) IN GENERAL- The standards and associated operating rules adopted by the Secretary shall--
'(i) to the extent feasible and appropriate, enable determination of an individual's eligibility and financial responsibility for specific services prior to or at the point of care;
 How exactly do you think they will "determine an individual's eligibility and financial responsibility ... at the point of care"?  The honor system?  "Uh yeah i cant afford anything, you guys pay for it all"  "OK Sir, no problem, here's your free everything"
 
2013-08-16 12:03:56 PM

bopis: They seem hellbent on chasing all their users away.


I'm surprised they haven't already, but you can't fix stupid.
 
2013-08-16 12:04:13 PM

This text is now purple: Great Justice: The data belongs to Facebook

Child porn.


I don't actually know what facebook's porn policy is.  Do they do something if you make a facebook page for your dick?

/this has to have happened many times by now
 
2013-08-16 12:04:38 PM
General rule of thumb:

If you are participating in a "free" program of any kind, YOU are the end product.

Most of the time.

Generally...

Whatever... don't have FB.

/and not a Hipster
 
2013-08-16 12:09:44 PM
I thought we were all switching back to MySpace now anyway.
 
2013-08-16 12:09:59 PM
I'm suprised Fark doesn't allow you to "log in" with your facebook account already, like way too many sites do. I keep track of my diet at myfinesspal... when I signed up, you created an account with them. Now, they "allow" you to log in using facebook as well... I noticed today that ESPN has joined the ranks of all other lazy media and now requires you to use Facebook to comment on an article online. I haven't linked my facebook account to any other app or site (that I know of). But I feel like it's only a matter of time when all my favorite sites are linked by the evil F.
 
2013-08-16 12:24:32 PM

Disaster Transport: I'm suprised Fark doesn't allow you to "log in" with your facebook account already, like way too many sites do. I keep track of my diet at myfinesspal... when I signed up, you created an account with them. Now, they "allow" you to log in using facebook as well... I noticed today that ESPN has joined the ranks of all other lazy media and now requires you to use Facebook to comment on an article online. I haven't linked my facebook account to any other app or site (that I know of). But I feel like it's only a matter of time when all my favorite sites are linked by the evil F.


Its one thing for them to "allow" it. I don't use anyone who "requires" it.
 
2013-08-16 12:42:49 PM

Phineas: Carn: Phineas: Hey the government will have access to your bank account under Obamacare, so why not Facebook?

citation needed.

SEC. 1104. ADMINISTRATIVE SIMPLIFICATION.(a) Purpose of Administrative Simplification- Section 261 of the Health Insurance Portability and Accountability Act of 1996 (42 U.S.C. 1320d note) is amended--
(b) Operating Rules for Health Information Transactions-
(1) by inserting 'uniform' before 'standards'; and
(2) by inserting 'and to reduce the clerical burden on patients, health care providers, and health plans' before the period at the end.
(1) DEFINITION OF OPERATING RULES- Section 1171 of the Social Security Act (42 U.S.C. 1320d) is amended by adding at the end the following:
'(9) OPERATING RULES- The term 'operating rules' means the necessary business rules and guidelines for the electronic exchange of information that are not defined by a standard or its implementation specifications as adopted for purposes of this part.'.
(2) TRANSACTION STANDARDS; OPERATING RULES AND COMPLIANCE- Section 1173 of the Social Security Act (42 U.S.C. 1320d-2) is amended--
'(4) REQUIREMENTS FOR FINANCIAL AND ADMINISTRATIVE TRANSACTIONS-
'(A) IN GENERAL- The standards and associated operating rules adopted by the Secretary shall--
'(i) to the extent feasible and appropriate, enable determination of an individual's eligibility and financial responsibility for specific services prior to or at the point of care;
 How exactly do you think they will "determine an individual's eligibility and financial responsibility ... at the point of care"?  The honor system?  "Uh yeah i cant afford anything, you guys pay for it all"  "OK Sir, no problem, here's your free everything"


You are talking about lies from 2009.

For further information, see factcheck.org's  Health Care Claims Still Viral

Or jump to their original article debunking such silliness as you are purporting  Twenty-six Lies About H.R. 3200

Claim:Page 59: The federal government will have direct, real-time access to all individual bank accounts for electronic funds transfer

False.This section aims to simplify electronic payments for health services, the same sort of electronic payments that already are common for such things as utility bills or mortgage payments. The bill calls for the secretary of Health and Human Services to set standards for electronic administrative transactions that would "enable electronic funds transfers, in order to allow automated reconciliation with the related health care payment and remittance advice." There is no mention of "individual bank accounts" nor of any new government authority over them. Also, the section does not say that electronic payments from consumers is required.


Or hop on over to that liberal leftist rag, Forbes:  ObamaCare Is Constitutional; Get Over It

More facts from Fact Check.org, run by Annenberg: big government is not coming to knock your door down if you don't get insurance and don't pay the tax fee on your tax return. The law prohibits the Internal Revenue Service from seeking to put anybody in jail or seizing their property for simple refusal to pay the tax. The law says specifically that taxpayers "shall not be subject to any criminal prosecution or penalty" for failure to pay, and also that the IRS cannot file a tax lien or levy bank accounts.
 
2013-08-16 03:46:21 PM

Great Justice: So what does facebook do? Using an algorithm to determine the amount of skin shown in any uploaded photo, facebook will notice the risque image, and decide to make a dime. First, lets offer spy notification to mom for 10 dollars a "suspicion" - each time the algorithm detects a word, phrase, risque photo, or other objectionable content, it offers to tell mom. Mom can choose to ignore, and just wonder what it may be... but she won't. Or perhaps instead, they send an message to the creepy single guys on her list. She just posted a 90% skin photo private photo.. want to see it for 5 dollars?

No need to tell her in either case- it isn't her data being sold. The data belongs to Facebook, and she has already given them full permission to do both of these things with it.


people wouldn't use it. Nobodies going to post 'private' photos on a site that allows you to pay to break privacy privilege. Your suggesting a real life version of this:
 
2013-08-16 03:49:30 PM
i1.ytimg.com
 
2013-08-16 03:50:39 PM
Wow. I just typed "of what?" and immediately the pic came up and my post vanished.

Verrrrry interesting.
 
2013-08-16 03:51:15 PM

mikefinch: Great Justice: So what does facebook do? Using an algorithm to determine the amount of skin shown in any uploaded photo, facebook will notice the risque image, and decide to make a dime. First, lets offer spy notification to mom for 10 dollars a "suspicion" - each time the algorithm detects a word, phrase, risque photo, or other objectionable content, it offers to tell mom. Mom can choose to ignore, and just wonder what it may be... but she won't. Or perhaps instead, they send an message to the creepy single guys on her list. She just posted a 90% skin photo private photo.. want to see it for 5 dollars?

No need to tell her in either case- it isn't her data being sold. The data belongs to Facebook, and she has already given them full permission to do both of these things with it.

people wouldn't use it. Nobodies going to post 'private' photos on a site that allows you to pay to break privacy privilege. Your suggesting a real life version of this:


Of what?
 
2013-08-16 03:52:50 PM
Hmmm, didn't happen the 2nd time.

Conicidence?
Or is Facebook somehow involved in these shenanigans?!
 
2013-08-16 10:16:20 PM

mikefinch: Great Justice: So what does facebook do? Using an algorithm to determine the amount of skin shown in any uploaded photo, facebook will notice the risque image, and decide to make a dime. First, lets offer spy notification to mom for 10 dollars a "suspicion" - each time the algorithm detects a word, phrase, risque photo, or other objectionable content, it offers to tell mom. Mom can choose to ignore, and just wonder what it may be... but she won't. Or perhaps instead, they send an message to the creepy single guys on her list. She just posted a 90% skin photo private photo.. want to see it for 5 dollars?

No need to tell her in either case- it isn't her data being sold. The data belongs to Facebook, and she has already given them full permission to do both of these things with it.

people wouldn't use it. Nobodies going to post 'private' photos on a site that allows you to pay to break privacy privilege. Your suggesting a real life version of this:


But the site has already reached critical mass.  There will come a point where facebook's popularity wanes, and they being making decisions about what to do with the data they have to generate the most income.  They do, after all, have a responsibility to the shareholders.

I'll admit, there is a lot of hyperbole in my example - but the premise, that they sell your data to anyone they want for any reason they see fit - is still true.
 
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