To everyone who doesn’t know how Plaid works: You give your banking username and password directly to Plaid, and it keeps it (so it can continue to login).
I don’t understand how anyone is OK with this. It goes against every security principle and it’s against the terms and conditions of every bank.
I realize that almost no bank provides a secure and proper API to get info and/or to transfer funds, but Plaid’s solution is a disaster waiting to happen.
I don’t understand how anyone is OK with this. It goes against every security principle and it’s against the terms and conditions of every bank.
I realize that almost no bank provides a secure and proper API to get info and/or to transfer funds, but Plaid’s solution is a disaster waiting to happen.