Wells Fargo wants its ‘Control Tower’ to manage your digital financial life — Fortune — “Control Tower will allow Wells Fargo customers to track every place they’ve shared their payment information, whether it be via a device, mobile wallet, or online retailer… If their card expires or is re-issued, consumers can simply push the data for the new card out to retailers and mobile wallets through the Wells Fargo app.”
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When I have to get a new American Express card, American Express will remind me of those payees, like Amazon and PayPal, that have the old card on file. On the other hand, I use a few proxies like Amazon and PayPal to reduce the number of merchants that might otherwise store, and potentially compromise, that card number.
Wells Fargo is now offering a similar service. Ideally all issuers would offer this service.