> That is one of the goals of banks in most countries That BECAME one of the goals. 40 years ago when majority of transactions were in cash, the bank's couldn'

> That is one of the goals of banks in most countries That BECAME one of the goals. 40 years ago when majority of transactions were in cash, the bank's couldn't do this. Once we got credit/debit cards, the game changed and (we) by using cards instead of cash we freely hand them over the data. It doesn't help that countries have a €500 max cash limit for purchases etc. But for the everyday man/woman, and for their everyday lives, there are very few payments to that amount (laptop, phone, car, furniture). Most other payments can be done with cash, and then the bank has very little info on you.