This is nothing new, other than that Chase has brought this capability in-house. Credit card companies have shared purchase information with second parties forever.
Chase Media Solutions follows from the integration of card-linked marketing platform Figg, which JPMorgan Chase & Co. acquired in 2022
Jesus Fucking Christ. Why is such a large chunk of all general and tech news stories nowadays about more ads being introduced somewhere or personal privacy being eroded so that existing ads can target petter better? QUIT IT WITH THE FUCKING ADS, YOU DICKS.
The bank is hoping to combine insights from its large customer base and 6 million small business customers as part of its efforts to build out its own two-sided commerce platform and bring in benefits to both business clients and banking customers.
And don't shop at any of the 6 million small businesses that utilize Chase?
Chase has actively fought against my interest as a customer, I've been much happier since leaving. Consider how many policies they haven't told you about.
I mean I was kind of joking. Of course this news is as awful as it is unsurprising. But I really feel like there aren't many spaces where I would targeted ads from this. I torrent all the media I consume. I have a system wide adblocker on my phone, and ublock in all my browsers. I don't use any commercial social media.