Bank Puts a Billion Transaction Records Behind Analytics Site

Posted by samzenpus on Thursday November 8, 2012 @12:06PM from the keep-up-with-the-joneses dept.

schliz writes "Australia's UBank has put a billion real-world transaction records behind a website that allows users to compare their spending habits with others of the same gender, in the same age/income range, neighborhood and living situation. The 'PeopleLikeU' tool surfaces favorite shops and restaurants surprisingly accurately — because it's based on real customers' transactions, it lists places like good takeout joints that wouldn't normally come to mind when you think of a favorite place to eat. The bank says all data was 'deidentified' and it consulted with privacy authorities."

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How low will a /. editor go? by Anonymous Coward · 2012-11-08 12:26 · Score: -1, Offtopic

What's next? "Australians do things with computers"? "Australians have this Internet thing"? "Australians discover electricity"? "Slashdot editors will post anything if it's about Australia"?