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Comment by quest88 | Hacker News Reader

Where does it say they will sell the data? I missed that in my reading. My interpretation is companies will say "show my product to users with this criteria" and it will. This is the same as fb and Google ads, right?

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>> Where does it say they will sell the data? I missed that in my reading. My interpretation is companies will say "show my product to users with this criteria" and it will. This is the same as fb and Google ads, right?

This is IMHO an important distinction. AFAICT Google doesn't sell data to advertisers, they target the ads for the advertisers. It's still annoying, but it's way less offensive than all the data sharing/selling that goes on.

Well, Google does sell user data (see Squarespace acquisition [1]) but sure not yet to an advertiser.

IIUC, it's a much more vetted system than most online advertisers do. Chase has some screenshots [2] which would imply they're not grabbing data at runtime from a 3rd party and it seems very similar to their experiences "adverts" [3].

I think PayPal's Offers is probably the best parallel. [4]

[1]: https://support.google.com/domains/answer/13689670?hl=en

[2]: https://www.chase.com/mediasolutions/solutions

[3]: https://www.chase.com/personal/events/experiences

[4]: https://www.paypal.com/us/webapps/mpp/offers

If Google sells a part of its business to another company then the data required to operate that business must be included in the sale. That goes without saying. And a lot of companies "sell user data" by that metric.

Also, there is no indication that Squarespace has received any user data that is not required for them to take over Google Domain operations (so they would get a user's domains, billing info, etc but not their Google Maps location or their search history).

Because it's an editorialized title, which is explicitly against the rules. @dang will correct it (maybe).

How would Chase 'show their product' to anybody? They are not a media platform. They do not display ads. Would they start displaying targeted ads when I log on to pay my credit card or check my bank account balance? Or do they set some kind of profile id in a cookie that other sites would read and track once I have logged off

Virtually all financial institutions show ads and offers on their various properties (websites, apps, in person etc).

It’s an old and big business that even uses the same terms as other ad platforms (banks are publishers, advertisers buy placement, etc).

I’ve been involved in the industry for a while and I’m not seeing a single “new” thing in this announcement.

I guess that would explain why I'm not seeing them -- I always use ad blockers, and steer clear of company-supplied apps. If ads should start getting through, they've lost a customer.

I wasn’t aware of this new feature, but yesterday I paid for Top Golf with my Chase card. I opened my app later and at the bottom below statements and balance etc it showed an ad for 15% off Top Golf. So if this is just a little brand carousel at the bottom and isn’t sharing my data with those brands, it’s a little tacky sure but not outrageous.

There are "Chase Offers" for your cards and accounts that give an extra 5-20% cash back if you click to activate them prior to buying it with that payment method - they're often brick and mortar retailers and restaurant chains. In addition to a "Chase Rewards" area that is for redeeming points, booking flights/hotels directly, and earning extra points with online retailer referral links.

Yeah nah they're not selling the data, they're using the data to sell their customers.

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