I'm surprised, because Plaid is far from the first mover in the "scraped banking data API" space. Mint (now Intuit) and Yodlee come to mind, and they use essentially the same sign-in flow and come with the same limitations.
There are organizations and companies that are trying to do this legitimately, through open standards and real incentives to both FIs and customers to share information in exchanges:
There are organizations and companies that are trying to do this legitimately, through open standards and real incentives to both FIs and customers to share information in exchanges:
- Open Banking Project: https://www.openbankproject.com/
- MX: https://www.mx.com/
P.S. Can we get real Markdown support already? The fact that the Markdown URL format isn't supported is extremely user-hostile.