Regulation

Royal Bank of Canada defends access to Facebook data as needed for P2P transfer

“Royal Bank of Canada defended itself against claims that it was one of a number of major firms provided access to private data in the Messenger app by Facebook Inc., despite earlier assertions by the social media platform that private data was protected. The New York Times reported late Tuesday that the social media platform granted access to private user data, allowing companies like Spotify, Netflix and Royal Bank to read, write and delete private messages from Messenger users.”