Lloyds' customers can now keep track of spending with Google Maps

The linking of Google as a location recorder alongside Lloyd's Debit card accounts, is a highly significant development. Google maps joined to your spending can assist with the tracking of fraudulent transactions and their timely settlement. It could also be a quicker way of assisting the police or intelligence services with a way of tracking transactions or the whereabouts of any person of interest to them, or an alternative or a supplement to whatever technology they currently use. The use of transaction tracking can assist anyone who uses a Debit card or a Credit card alongside bank-based or some other budget software program. The idea I have in mind is for all non-bank budgeting software. Wherever you are using your smartphone or plastic card to make a transaction, all transactions that you make should automatically be recorded in budget software and your location should also be included in automatically recording the transaction. Instant or near instant recording of all of your transactions to any non-bank budget software including your location, will either eliminate or keep to an absolute minimum the need to manually record any transaction in your budget software. This added functionality will assist anyone to follow their personal or business budgets with greater ease. If you develop budget software these ideas may be relevant to developing your product to be more competitive against your business rivals, assuming that you have not thought about this already.

It would be great if you allowed all of your commentators the ability to form paragraphs in their replies. My previous response above this one would be much easier on anyone’s eyes if they could read it as I intended with clear sections.