andrew writes:
"Alternet.org reports recent updates to terms of conditions for Bank of Americas cell phone app and Capital Ones new credit card contract have given banks unsettling new abilities. These privileges include the authority to access to your phone microphone and camera or even showing up at your workplace and home unannounced at any time.
From the the article:
We're witnessing a new era of fascism, where corporations are creating intrusive and over-bearing terms and conditions that customers click to agree to without even reading.
As a result, corporations in America have acquired king-like power, while we're the poor serfs that must abide by their every rule or else."
(Score: 1) by Random2 on Monday February 24 2014, @10:48PM
Is there honestly a non-scumbag reason for this? Is debt collection really this much of a problem that they need to include something this... obscene in their TOS?
Also:
What use could they possibly have for this? 'account reminders' for balances and such? I'm really trying to give the benefit of the doubt before coming to a conclusion here...
If only I registered 3 users earlier....
(Score: 3, Informative) by MozeeToby on Monday February 24 2014, @11:09PM
There's really no need for this in their TOS because they already have that right. Debt collectors can in fact show up at your house. It's just that no one does because it's quite expensive for them to do so.