BBC NEWS: Why banks will share your financial secrets

  • Diane Coyle

Press/Media: Expert comment

Description

Diane Coyle, economics professor at Manchester University, says: "I was, and still am, sceptical about how much people will want to give access to their financial information to third party apps, and surely the steady drip of stories about security breaches since the plan was announced won't have helped.

"It is hard to understand people's attitude to their data and security, though, as many cheerfully give loads of information to social media companies, but on the other hand were reluctant for the NHS to have access to their health data for research purposes."

Period8 Dec 2017

Media contributions

1

Media contributions

  • TitleWhy banks will share your financial secrets
    Media name/outletBBC News Online
    Media typeWeb
    Country/TerritoryUnited Kingdom
    Date8/12/17
    DescriptionDiane Coyle, economics professor at Manchester University, says: "I was, and still am, sceptical about how much people will want to give access to their financial information to third party apps, and surely the steady drip of stories about security breaches since the plan was announced won't have helped.

    "It is hard to understand people's attitude to their data and security, though, as many cheerfully give loads of information to social media companies, but on the other hand were reluctant for the NHS to have access to their health data for research purposes."
    URLwww.bbc.co.uk/news/business-42253051
    PersonsDiane Coyle

Keywords

  • banking
  • economics