Rumors are flying that Facebook wants to move into the financial services arena, namely paying bills and transferring money. The company will apparently test the idea with an Austrialian bank this year and see how it goes. But is this something we should casually trust Facebook with? More worrying than any concerns about getting hacked (which would probably never be an issue), is Facebook’s history with user privacy and what access the company would have to your info. I’m not sure I would ever link my financial data to Facebook. [CNN/Fortune]
Image via Flickr/west.m
