Topic RSS5:05 am
February 16, 2023
OfflineWealthsimple has an online presentation scheduled – "We take over your life". Is that a good slogan for a financial institution?
While on the Wealthsimple website my browser and uBlock were blocking >50 [count rising as I watched] cookies and trackers! This page and RBC identified 0 trackers. If not your life, Wealthsimple certainly is trying to take over your computer and your right to privacy.
My WS account remains open with a total of $0.00 on deposit/invested.
9:14 am
April 27, 2017
OfflineThe tracker claim alone is not strong evidence that Wealthsimple is worse on privacy than major banks. Different blockers also classify things differently. RBC showing “0 trackers” in one browser setup doesn’t necessarily mean no tracking or telemetry exists; it may reflect how the blocker categorizes scripts or what pages were loaded.
That said, trackers may be there for very good reasons; eg fraud detection, session management, bot attacks, impossible travel anomalies, software optimization and continuous improvement, etc. I really like some of WS security features like trusted places, Passkey and Trusted Contact Person. Not sure RBC gives me that; at least they didn’t advertise. But I am really down on RBC ever since they randomly withdrew cash from my savings account and never responded to my formal complaint. I wish they had better software.
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