Vantage Credit Union Uses Twitter For…Banking

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Author: Dave Lewis

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Wow. How is this for a REALLY bad idea?

From Vantage Credit Union website:

Introducing 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! And, the best part is, our tweetMyMoney service is free!

So how is this mobile? If your phone can send and receive text messages and you’re on Twitter, you’re in! tweetMyMoney uses Twitter’s Direct Message feature to return the account information you request.

Hell, you can even follow them on Twitter. I wonder if their followers would make for a nice target list. Hmm? As RSnake so aptly put it, “bound to end well :-/”. (HT to RSnake)

So, what could possblie go wrong?

Oops.

What could possibly go wrong?

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Comments

3 Responses to “Vantage Credit Union Uses Twitter For…Banking”
  1. Brooks says:

    You’re overreacting Dave. Please see below from their Twitter:

    “@TXVB Thanks for the follow. We did our homework and believe the risks to our mbr data is lower than many other systems in use today.”

    Clearly you fail to see that Twitter is a robust security framework ;)

  2. Matt says:

    That is rediculously stupid. That bank is going to be hit so badly someone high up is going to lose their job.

  3. Dave Lewis says:

    @Matt

    The words escape me with that “bank”. Especially when they take the time to call out “security experts”. http://www.vcu.com/blog/eric/20090929/tweetmymoney-thoughts

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