Mmastodon BusinessBanking first seen 11 h ago, last 1 h ago, peak #8
Costco criticized for sharing member purchase data with partners
Original: Costco shares members' purchase history, payment method, and visit frequency with its financial-services partners. A mem
Costco is facing criticism after claims that it shares members' purchase history, payment methods, and visit frequency with its financial-services partners. Privacy advocates argue that a Costco membership card effectively functions as a name-attached purchase record that can be cross-referenced with data brokers to build detailed consumer profiles, raising concerns about how loyalty programs trade discounts for personal data.
Why now: Growing public concern about how loyalty programs and retailers monetize member data is drawing attention to Costco's data-sharing practices.
Rank over time, top of the chart is #1. 8 snapshots from 11 h ago to 1 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1719997