Banking Via Twitter?

In the latest example of how just because you can do something doesn't mean you should, one credit union has decided to offer a new feature, dubbed "tweetMyMoney," that allows members to interact with their accounts via Twitter. Can't wait for the next version, "tweetSomeoneElsesMoney." "tweetMyMoney, available exclusively to Vantage members! With tweetMyMoney, you can monitor your account balance, deposits, withdrawals, holds and cleared checks with simple commands. And, you can even transfer funds within your account. It's all available on Twitter, 24/7!"

Re:What's so bad?

[Chris Pimlott]

While the public messages get all the press, people who don't use twitter may not realize that you can send direct messages [twitter.com] on twitter, which are private. That's what this system is using.

Re:What's so bad?

[rjolley]

They also let you do transfers. Which was in TFS if you bothered to read it. You can do this without sending account numbers (just use account suffixes) but what happens when your twitter account gets hacked and someone transfers all of your money from your checking suffix to your savings? Say hello to overdraft fees.

Don't forget about TwitPay

[Otto]

Site: https://twitpay.me/ [twitpay.me]

Basically you attach your twitter account to your paypal account, then you can send money to any other twitter user with a simple message to that effect.

Of course, the catch is that the money never actually gets transferred until you "settle" the account. It just keeps a running tally for everybody, then you settle and pay the whole shebang at once.

Re:two words

[SEWilco]

"Hey, everybody, Susan has a balance of $347.88."

Re:two words

[Runaway1956]

Obligatory post, really:

"But, what could go wrong?"

Re:two words

[Tanktalus]

"Not anymore!" *snicker*

Re:Two words

[dgatwood]

Yeah, apparently that site deletes the generated images after an hour or so. It showed a cat on a keyboard and said "I'm on ur Twitter" at the top, and at the bottom, "Sendin monee to Switzerland."