Computer scientists at Carnegie Mellon have developed an online tool designed to help users examine banks’ privacy notices, Motherboard reports. The tool, simply titled “Bank Privacy” inspects the notices of a user’s bank, and other banks within the area, giving the user the opportunity to possibly find a bank with a privacy notice they prefer. "We collected lists of financial institutions in the United States and wrote a computer program that automatically queries Google in search of companies’ standardized notices on their websites," Carnegie Mellon wrote in a paper on the subject. "Upon finding such a notice, the program automatically parses the standardized notice and feeds the extracted information into a database, enabling a large-scale comparison of financial institutions’ privacy practices."
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