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From November 12, startup digital-only challenger financial institution Revolut will share consumer knowledge with credit score bureaus, social media firms, and analytics corporations, Silicon Republic reported.

On one hand, knowledge sharing helps companies create income streams and goal clients with extra related commercials. Alternatively, knowledge sharing is an invasion of privateness.

However don’t despair, Revolut does provide the alternative to decide out of its coverage.

Alongside sharing consumer knowledge with credit score bureaus, Revolut additionally shares info for advertising and marketing functions. Because of this, there are two belongings you’ll must decide out of.

Decide out of third-party advertising and marketing

1. Open the Revolut app and navigate to your private dashboard.

2. Then click on the gear icon within the prime proper nook. It will open the settings menu, as seen under.