PLEASE don't fall for one of the now-common Plaid email scams. If you want to learn about the settlement or make your own claim (don't expect a huge payout), then visit the official website here: www.plaidsettlement.com/
2.5M sellers in the US are FORCED to use PLAID if we want to continue selling on ETSY. This is utterly outrageous and I simply don’t know what to do. This coercion doesn’t feel right; I hardly think it should be legal.
@@AllThingsSecured Love your videos, thank you very much. If I disconnect plaid from my Coinbase account and manually enter in my account #, routing # and name will I still be able to instantly transfer funds back and forth from Coinbase to my bank account or will there be a delay? Many Thanks!
WORKAROUND: Coinbase forcing users to use PLAID if you want to buy crypto-- either that or you gotta eat ridiculous surcharges by using alternative payment methods. Oh and the trick to cancel out the input to then enter your acct info manually does not work, it says your account is not eligible-always! Only way to get around this is by opening a new dedicated account ( for example add a low cost savings account that allows ACH) and then create an entirely separate online profile/login where that is the only acct you have there. This way when plaid wants to you to bend over they not gonna see anything but this one account and will not have access to all your banking history, credit accounts, investments and whole life or credit card purchases etc in your main profile. If possible use use a bank that has an OAuth type / API connection so you don't have to create another profile and instead your bank will allow you to select the one account you give plaid access to. Plaid and these payments do not give any choices-- and most banks don't either but some do if they have the API (wellsfargo, chase etc) so look into them if you don't want to do this work around.
Your content is TRULY centered, man. Thank you so much for your contribution to free knowledge, allowing people to judge for themselves what they prefer.
I agree with the channel host. Why are they asking for your passcode. I personally don't mind getting my bank's financial information the old fashion way😎
Etsy is now forcing sellers to use this in 30 days or not be able to sell any longer. Many shops say they'll be leaving. The app wants your username and PASSWORD for your bank, along with routing and account number. Etsy will probably make more money from Plaid than from Etsy seller fees.
Agreed, I had to go open another bank account just to link this one account with Etsy and keep minimal funds in it, bc I dont want Plaid to have my login info of my other accounts 🙄
For a good while now, Plaid no longer gets your username and password. Instead, you log in directly with your bank, which then behind the scenes provides Plaid a code that they can use to get limited access to your bank. The code can be revoked at any time. This is not a new process, it's called OAuth, and has been around for about a decade now for things like "Sign in with Google", but banks only now started to use this.
@@sillymesilly I think you misread this. Plaid does not receive your username and password at all. You login directly with the bank, and the bank server talks with Plaid. No passwords anywhere.
From my own experience: If your bank or credit union uses a two step login identification verification process that goes like this, first you login in, then next step the bank or credit union stops you and says its going to send you a Code number via a text message, an email, or phone call, that on a separate screen, you look up and return to the first screen, and use to fill in a blank line, then Plaid will stop this process and send you a message that says it can't continue with your bank to bank connection, because it can't connect if you use this kind of two party verification. The only option left would be to login to your bank or credit union and remove, if allowed, the two step verification, back to a single step. But that's throwing away an important method to prevent hackers from getting into your bank or credit union accounts. Two step verification is becoming more widely used as a defense against relentless nation sponsored hackers and others that are a growing internet problem.
WOW ! If this is true as you perfectly stated we have no defense against hackers or anyone that has gained access to our info and in no way will I be using plaid if I can help it. Please tell me that you’re speculating that this will happen and not that it is what they require now.
I'm on my PC; I wonder if that's why I don't see the manual feature on the dialog box that opens to input my back info! I think they got hip to what we're up to!
Can you do an update for Etsy’s new Requirement to use Plaid or you can’t sell on Etsy? It makes NO SENSE! They say to prevent money laundering? It makes NO SENSE?
Hi Josh. I wasn't able to watch this video with sound but I did with captions so I hope you didn't cover this question... how is PLAID different from PayPal? I just had my prepaid American express card used to make 2 payments to an individual within only a few hours of me loading my only grocery and pet food money onto the card. I have no idea who did this and American express said the case is closed coz they deemed the transactions legitimate. I was wanting to go the route of virtual credit cards or PayPal but now you have me really thinking about what truly are my options in keeping what little money I have safe from hackers and thieves. I know you probably get loads of questions and can't personally reply to all of them so no worries if I don't get a reply. I truly value your content and opinions both as a consumer and a content creator. Thank you for all the work you put into helping us make the best educated decisions that is a right fit for each of us indiduals!
I just received an email this morning from my bank. I was told there was a failed attempt at logging into my bank account. The ISP was from a different state, and the operating system was Mac OS. I've never used an apple product in my life. This is the first email I ever received like this. Is it just coincidence that I had recently (within last 6 months) used Plaid, and gave them my bank log in credentials? Coinbase was one company for which I needed to use the Plaid verification, but there were other online brokerage accounts. I changed my password after using Plaid each time, but I'm now very skeptical that the log in credentials are safe with Plaid.
Very good video! Thank you for mentioning alternatives / what we can do. I was about to use them for a service but looked deeper and found an alternative linking method.
Thanks dude I signed up.. My opinion Never put your cookies all in 1 jar. Plaid is one jar... Your better off talking or dealing with your financial institutions directly let them who hold your money tlk to each other not give it to a middle man...People who hold your money want to keep you investing in them. They will both work together on your behalf to make you more because it makes them more... If you give it to a middle man(plaid)...People who do not have your interest are looking at it and using you information for free and making money on you with you getting nothing...Keep your privacy safe.. You have accounts ex...Tell Fidelity ,to talk to Vangaurd, tell Vangaurd to talk to your bank or banks...You get my drift? That way you have control of them who want to make money for you. Institutions use this(plaid) because it saves them money and less work..period. Thank you for this video I'm glad I did not sign up for plaid.
A year ago, when the financial institution wanted to link up through Plaid, they would leave a number of options unchecked, and only I, the consumer, could have check those boxes. Not recently. A few sites that I had to use Plaid to link, now all the options are grayed out and selected!!!
I love YNAB but it was not a comfortable few days when I connected my bank account to them through plaid. I'd much rather just add things myself and not risk it.
Plaid claimed they erased the information collected??🤔🤷♂️😂 Plaid, a unique name for "played"😭😭😭 Robin Hood app, anyone remember what Robin Hood was known for??😭😭😭 It's hidden right in front of our faces. We all better wake up in time before this is required by every person in the world with a financial bank account.
I asked for a credit limit increase they gave me a small one and said if I signed up with plaid they'd give me a bigger increase I REFUSED they said ok and that I'm eligible for another increase in a few months. I'm trying to rebuild my credit but I just don't want to make any mistakes. I don't think they need that much CONTROL!!😝🤔
Privacy vs convenience is not quiet correct, at least in the case of AirBnb. On a recent attempt at arranging a tour through them it was Plaid, or nothing.
Why bother making a claim when the only ones that is going to really get paid will be the lawyers, who will get their millions off the top while the rest of the pool of people will only get a couple of dollars.
Okay, I'm trying not to show my age. Am I the only one that sees those choosing not to do their own "bookkeeping" are not at risk, while those who chose the convenience of having an automated budgeting app were? Stop being lazy, put your phone down long enough to balance your own checkbook.
I spent so much time being told I’d be able to “just pay”… but their main business seems to be as data scrapers/data brokers via the company they keep, which it seems shares this data - ie eerily ALL your data, NOT just financial data - with whomever it wants. I need to trust bank with a lot of data, but bank only seeks in the main that which enables financial services to be mutually beneficial (and yes, maybe more for them than “us” but there are still sone seemingly basic limits on what they seek to know snd to share/sell in terms of data). One reason two banks sued PLAID in 2020 and 2021 (one of these banks is world’s fourth largest by capitalization). USDOJ and FTC apparently also took action recently against Plaud arguing it took more data than needed for stated or reasonable purposes, and presented antitrust concerns, etc etc. I’ve not read the allegations but at least one dud lead to this tiny settlement on behalf of a not-tiny # of consumers (allegedly around 98million people). Companies like AirBnB do not disclose their own role in the process… I found a vacay place I loved, knowing the rural (yet fairly costly) area of the world it was located in. They had me wasting days of my life with blow-offs intended to get me to agree to pay with plaid (“played” as termed in the comments); when I declined they offered STRIPE, a few times. READ THE TERMS, PEOPLE. Those are just what you’re gyvung permissions away by law (to the extent it ever can be considered legal, and much I think cannot and is not in places outside increasingly lawless countries like the USA (ironic). I doubt they insist in sane terms for E.U., and E.U.-area nations (eg Lichtenstein) though I’m not sure if the differences… except a review of ONE of airbnbs papers on its “terms” immediately sets forth how Americans have fewer rights than (majority-time) E. U. residents.
Plaid asks for the username and password (not the account number and routing number) of your bank account to transfer money into a brokerage account. Thankfully it wasn't a problem, but it was so unnerving I changed my credentials right after the transaction completed
They scrub your whole account! Even if you change your credentials, They already logged in and scrubbed your account of everything. It’s access to your spending habits, income history and so on. They want to be able to aggregate financial profile with what google has on you and other places like FB have on you and have a complete profile that k owns more about you than you do! Once day they will F&$CK you with that information. Think it’s a conspiracy? Go read the news!
Question: Should I not have more confidence in being reimbursed if my bank is hacked or makes an error than if a third party company (like Plaid) is hacked or makes an error? It just seems to me that I am hearing of non-bank companies being hacked into more often than banks...am I mistaken?
Do we see anything of this 58 Million? I hear about these millions of dollar settlements all the time but do people like us get some of that? Where does this 58 million dollars go?
Yes, you can make a claim on the settlement using the link in the description. Unfortunately, these payments sometimes take years to get paid out and it’s often only a few dollars.
Great video, but I've gotta ask. Is Plaid really at fault for collecting more data than needed? Correct me if I'm wrong, but it is the companies that use Plaid that tick checkboxes on what they want to get from the end user. In other words, it is THEM (the companies using Plaid) who are requesting more info than needed. Plaid collects that data solely because the 3rd party app devs are asking for it. Aren't they the ones being shady?
Wow. I refused to use AirBnB in the US due to nasty terms and PLAID to pay when I could pay for what I sought (no refund being allowed, I was still willing to take the place offered me… until AirBnB wanted MORE THAN MERELY MY MONEY or reasonable assurance for the hosts and for legal compliance, as to who I am (photo, eg, which I do understand an owner, esp for anyone renting out a floor of a large home rather than the entire place, might truly feel more comfy having… like “IS THIS PERSON (showing up claiming to be) MY GUEST?” Really? I do get that. But other than a subset fir say, a high security clearance, I am not disclosing anything about for my entire life from day 1 to any date in the future, nor giving “ carte Blanche” to (additively) peek anytime. I’ve got nothing to hide, but privacy IS NOT just for those who do. *It was after I refused PLAID and asked WHY they want or insult in using it but don’t disclose this for DAYS, nor ever provide a reason, AIRBNB THEN OFFERED for me to have my transaction processed using STRIPE. Stripe’s terms are only slightly less awful or differently terrible. They haven’t yet had a Hugh profile legal action by a government or a bank (or consumer group) against them. When they threaten arbitration I’m like, OK, send me your list of arbitrators, I’ve done arbitration before. Most people are scared off by it, and YES I do understand it’s limitations on class actions and juries but it can still make some difference. Let us not be sheep, herded and claiming me have NO choices even if we have few.
PLEASE don't fall for one of the now-common Plaid email scams. If you want to learn about the settlement or make your own claim (don't expect a huge payout), then visit the official website here: www.plaidsettlement.com/
So many companies are now forcing people to use this and it's disgusting.
“So many companies” now this comment makes me to actually consider trusting Plaid. I didn’t know many companies were doing this.
Plaid is a digital security nightmare.
2.5M sellers in the US are FORCED to use PLAID if we want to continue selling on ETSY. This is utterly outrageous and I simply don’t know what to do. This coercion doesn’t feel right; I hardly think it should be legal.
Personally, I prefer privacy over convenience.
👍👍
@@AllThingsSecured Love your videos, thank you very much.
If I disconnect plaid from my Coinbase account and manually enter in my account #, routing # and name will I still be able to instantly transfer funds back and forth from Coinbase to my bank account or will there be a delay? Many Thanks!
@@fredrickcallahan4292 can't do it instantly. there is at least one business day delay based on how the us banking system works
"We don't care about your preferences or choices" -Plaid Customer Care
WORKAROUND: Coinbase forcing users to use PLAID if you want to buy crypto-- either that or you gotta eat ridiculous surcharges by using alternative payment methods. Oh and the trick to cancel out the input to then enter your acct info manually does not work, it says your account is not eligible-always! Only way to get around this is by opening a new dedicated account ( for example add a low cost savings account that allows ACH) and then create an entirely separate online profile/login where that is the only acct you have there. This way when plaid wants to you to bend over they not gonna see anything but this one account and will not have access to all your banking history, credit accounts, investments and whole life or credit card purchases etc in your main profile. If possible use use a bank that has an OAuth type / API connection so you don't have to create another profile and instead your bank will allow you to select the one account you give plaid access to. Plaid and these payments do not give any choices-- and most banks don't either but some do if they have the API (wellsfargo, chase etc) so look into them if you don't want to do this work around.
That’s a good route
Your content is TRULY centered, man. Thank you so much for your contribution to free knowledge, allowing people to judge for themselves what they prefer.
Really appreciate that, Dylan. 🙏
I agree with the channel host. Why are they asking for your passcode. I personally don't mind getting my bank's financial information the old fashion way😎
Etsy is now forcing sellers to use this in 30 days or not be able to sell any longer. Many shops say they'll be leaving. The app wants your username and PASSWORD for your bank, along with routing and account number. Etsy will probably make more money from Plaid than from Etsy seller fees.
Agreed, I had to go open another bank account just to link this one account with Etsy and keep minimal funds in it, bc I dont want Plaid to have my login info of my other accounts 🙄
@@KD-id2ul I'm about. to do the same -.-
For a good while now, Plaid no longer gets your username and password. Instead, you log in directly with your bank, which then behind the scenes provides Plaid a code that they can use to get limited access to your bank. The code can be revoked at any time. This is not a new process, it's called OAuth, and has been around for about a decade now for things like "Sign in with Google", but banks only now started to use this.
@@danielegvi NO THANKS. There is absolutely no need for strangers have access to your username and password.
@@sillymesilly I think you misread this. Plaid does not receive your username and password at all. You login directly with the bank, and the bank server talks with Plaid. No passwords anywhere.
From my own experience: If your bank or credit union uses a two step login identification verification process that goes like this, first you login in, then next step the bank or credit union stops you and says its going to send you a Code number via a text message, an email, or phone call, that on a separate screen, you look up and return to the first screen, and use to fill in a blank line, then Plaid will stop this process and send you a message that says it can't continue with your bank to bank connection, because it can't connect if you use this kind of two party verification. The only option left would be to login to your bank or credit union and remove, if allowed, the two step verification, back to a single step. But that's throwing away an important method to prevent hackers from getting into your bank or credit union accounts. Two step verification is becoming more widely used as a defense against relentless nation sponsored hackers and others that are a growing internet problem.
WOW ! If this is true as you perfectly stated we have no defense against hackers or anyone that has gained access to our info and in no way will I be using plaid if I can help it. Please tell me that you’re speculating that this will happen and not that it is what they require now.
Verify account manually. Convenience until your data is hacked, which is everything. You can control how much money is on that blank check.
I'm on my PC; I wonder if that's why I don't see the manual feature on the dialog box that opens to input my back info! I think they got hip to what we're up to!
something off with PLAID , seems like a government-type thing.
you think the government doesn't already know all the things plaid wants to know?
@@jbrock8596 That’s like saying the gov’t doesn’t hire mercenaries because it already has a military….
You been Played - Plaid
Smooth 😅
Can you do an update for Etsy’s new Requirement to use Plaid or you can’t sell on Etsy? It makes NO SENSE! They say to prevent money laundering? It makes NO SENSE?
Hi Josh. I wasn't able to watch this video with sound but I did with captions so I hope you didn't cover this question... how is PLAID different from PayPal? I just had my prepaid American express card used to make 2 payments to an individual within only a few hours of me loading my only grocery and pet food money onto the card. I have no idea who did this and American express said the case is closed coz they deemed the transactions legitimate. I was wanting to go the route of virtual credit cards or PayPal but now you have me really thinking about what truly are my options in keeping what little money I have safe from hackers and thieves. I know you probably get loads of questions and can't personally reply to all of them so no worries if I don't get a reply. I truly value your content and opinions both as a consumer and a content creator. Thank you for all the work you put into helping us make the best educated decisions that is a right fit for each of us indiduals!
I just received an email this morning from my bank. I was told there was a failed attempt at logging into my bank account. The ISP was from a different state, and the operating system was Mac OS. I've never used an apple product in my life. This is the first email I ever received like this. Is it just coincidence that I had recently (within last 6 months) used Plaid, and gave them my bank log in credentials? Coinbase was one company for which I needed to use the Plaid verification, but there were other online brokerage accounts. I changed my password after using Plaid each time, but I'm now very skeptical that the log in credentials are safe with Plaid.
I went straight to my freaking bank log in through them! I was like nope
There was no manual control as a secondary option
Very good video! Thank you for mentioning alternatives / what we can do. I was about to use them for a service but looked deeper and found an alternative linking method.
Awesome. Glad it was helpful!
Thanks dude I signed up.. My opinion Never put your cookies all in 1 jar. Plaid is one jar... Your better off talking or dealing with your financial institutions directly let them who hold your money tlk to each other not give it to a middle man...People who hold your money want to keep you investing in them. They will both work together on your behalf to make you more because it makes them more... If you give it to a middle man(plaid)...People who do not have your interest are looking at it and using you information for free and making money on you with you getting nothing...Keep your privacy safe.. You have accounts ex...Tell Fidelity ,to talk to Vangaurd, tell Vangaurd to talk to your bank or banks...You get my drift? That way you have control of them who want to make money for you. Institutions use this(plaid) because it saves them money and less work..period. Thank you for this video I'm glad I did not sign up for plaid.
Thanks!
Yes.
A year ago, when the financial institution wanted to link up through Plaid, they would leave a number of options unchecked, and only I, the consumer, could have check those boxes. Not recently. A few sites that I had to use Plaid to link, now all the options are grayed out and selected!!!
true and one of those boxes is share bank statements.
@@michaelflanagan8842 No way???? This is Big Brotherish!
All they need is routing number and account number
I love YNAB but it was not a comfortable few days when I connected my bank account to them through plaid. I'd much rather just add things myself and not risk it.
Yeah, I'm going with pronouncing "Plaid" as "played."
😂😜
@@AllThingsSecured Brilliant hahahaha!
Plaid claimed they erased the information collected??🤔🤷♂️😂
Plaid, a unique name for "played"😭😭😭
Robin Hood app, anyone remember what Robin Hood was known for??😭😭😭
It's hidden right in front of our faces.
We all better wake up in time before this is required by every person in the world with a financial bank account.
Cbdcs
@@ozb10
@Eric Bravo
Huh??
Big brother is watching
I asked for a credit limit increase they gave me a small one and said if I signed up with plaid they'd give me a bigger increase I REFUSED they said ok and that I'm eligible for another increase in a few months. I'm trying to rebuild my credit but I just don't want to make any mistakes. I don't think they need that much CONTROL!!😝🤔
Very detailed explanations and layout of options, thank you for the video!
Privacy vs convenience is not quiet correct, at least in the case of AirBnb. On a recent attempt at arranging a tour through them it was Plaid, or nothing.
Why bother making a claim when the only ones that is going to really get paid will be the lawyers, who will get their millions off the top while the rest of the pool of people will only get a couple of dollars.
all this online stuff eventually gets compromised. hasn't anyone been paying attention...
Still works in 2023, thanks so much!
Side note, fuck Coinbase for using Plaid!
We have been played 😂
Okay, I'm trying not to show my age. Am I the only one that sees those choosing not to do their own "bookkeeping" are not at risk, while those who chose the convenience of having an automated budgeting app were? Stop being lazy, put your phone down long enough to balance your own checkbook.
My bank is using them to process payment. So I ended up making cash payments to the bank
awesome content . and thank you for this valuable expose on Plaid . they monopolize the whole game (evil hand wringing )
if i want a business loan they are all asking to use plaid. I don't understand what i should do. If I want a business loan then i have to use it.
AirBnB is now requiring it. I will no longer be using AirBnB. 😡
I spent so much time being told I’d be able to “just pay”… but their main business seems to be as data scrapers/data brokers via the company they keep, which it seems shares this data - ie eerily ALL your data, NOT just financial data - with whomever it wants. I need to trust bank with a lot of data, but bank only seeks in the main that which enables financial services to be mutually beneficial (and yes, maybe more for them than “us” but there are still sone seemingly basic limits on what they seek to know snd to share/sell in terms of data). One reason two banks sued PLAID in 2020 and 2021 (one of these banks is world’s fourth largest by capitalization). USDOJ and FTC apparently also took action recently against Plaud arguing it took more data than needed for stated or reasonable purposes, and presented antitrust concerns, etc etc. I’ve not read the allegations but at least one dud lead to this tiny settlement on behalf of a not-tiny # of consumers (allegedly around 98million people). Companies like AirBnB do not disclose their own role in the process… I found a vacay place I loved, knowing the rural (yet fairly costly) area of the world it was located in. They had me wasting days of my life with blow-offs intended to get me to agree to pay with plaid (“played” as termed in the comments); when I declined they offered STRIPE, a few times. READ THE TERMS, PEOPLE. Those are just what you’re gyvung permissions away by law (to the extent it ever can be considered legal, and much I think cannot and is not in places outside increasingly lawless countries like the USA (ironic). I doubt they insist in sane terms for E.U., and E.U.-area nations (eg Lichtenstein) though I’m not sure if the differences… except a review of ONE of airbnbs papers on its “terms” immediately sets forth how Americans have fewer rights than (majority-time) E. U. residents.
That's so crazy!!!! We we're planning summer trips and stays in one for the first time! What a world we're living in!
Plaid asks for the username and password (not the account number and routing number) of your bank account to transfer money into a brokerage account. Thankfully it wasn't a problem, but it was so unnerving I changed my credentials right after the transaction completed
Does plaid ask for that now instead of the debit card? I did not see a debit card option currently. Only some manual mail-in process.
They scrub your whole account! Even if you change your credentials, They already logged in and scrubbed your account of everything. It’s access to your spending habits, income history and so on. They want to be able to aggregate financial profile with what google has on you and other places like FB have on you and have a complete profile that k owns more about you than you do! Once day they will F&$CK you with that information. Think it’s a conspiracy? Go read the news!
But once you changed your credentials plaid could no longer sign you in though right ?
idki never used it again after that@@tonystark4709
It says on their site, that once they log in,😮 the bank gives them a unique identifier. so changing your password may not help?!?
Coinbase stop taking Debt card
WHy would anyone optionally give more personal info ?
Can you make a video on old computers/laptops and wether they are a security risk because of obsolescence.
Great idea. Thanks!
Question: Should I not have more confidence in being reimbursed if my bank is hacked or makes an error than if a third party company (like Plaid) is hacked or makes an error?
It just seems to me that I am hearing of non-bank companies being hacked into more often than banks...am I mistaken?
Why is plaid, if it’s so successful, being funded? If it’s not making its own profit, is its future secure?
Oh! They've changed that manual thingy!
Plaid will send Account name, Description, Balance, Account Transactions. Statement date, Account Details
Have there been any changes to Plaid since you created this video? Can you do an update?
t's got worse now they want bank statements.
No what's a check. (Sarcasm)
Thanks for a great video + explanation Josh! Have you heard of, and what do you think about, Open Banking?
Thank you! I'm not intimately familiar with Open Banking, but I'm in favor of some kind of standardized API that eliminates the need for a middle man.
Great video! Thank you for explaining all this.
Thanks for sharing your knowledge!!!
My pleasure!
Ok but their dashboard and website is so confusing and hard to use
how do you think Plaid could be the bridge from Bank to the 3rd party app? Does Plaid connect/have specific partnership with all the banks?
Great video. Thanks
Oh wow. Thank you for this!
My pleasure!
Thanks for the low down. Very helpful!
Do we see anything of this 58 Million? I hear about these millions of dollar settlements all the time but do people like us get some of that? Where does this 58 million dollars go?
Yes, you can make a claim on the settlement using the link in the description. Unfortunately, these payments sometimes take years to get paid out and it’s often only a few dollars.
@@AllThingsSecured SO these settlements are just a scam to make lawyers rich and prbably to launder money.
Great video great explanation
Great video, but I've gotta ask. Is Plaid really at fault for collecting more data than needed? Correct me if I'm wrong, but it is the companies that use Plaid that tick checkboxes on what they want to get from the end user. In other words, it is THEM (the companies using Plaid) who are requesting more info than needed. Plaid collects that data solely because the 3rd party app devs are asking for it. Aren't they the ones being shady?
Yes both of them are.
Amen. It’s Orwellian. . @@ultraret
Thanks.
Lucky I didn’t use plaid
I've been played by PLAID
TIL Fintech doesn't stand for Finland Tech
😂🤣
Stripe uses plaid.
I wasn’t aware…I don’t often use Stripe.
Wow. I refused to use AirBnB in the US due to nasty terms and PLAID to pay when I could pay for what I sought (no refund being allowed, I was still willing to take the place offered me… until AirBnB wanted MORE THAN MERELY MY MONEY or reasonable assurance for the hosts and for legal compliance, as to who I am (photo, eg, which I do understand an owner, esp for anyone renting out a floor of a large home rather than the entire place, might truly feel more comfy having… like “IS THIS PERSON (showing up claiming to be) MY GUEST?” Really? I do get that. But other than a subset fir say, a high security clearance, I am not disclosing anything about for my entire life from day 1 to any date in the future, nor giving “ carte Blanche” to (additively) peek anytime. I’ve got nothing to hide, but privacy IS NOT just for those who do. *It was after I refused PLAID and asked WHY they want or insult in using it but don’t disclose this for DAYS, nor ever provide a reason, AIRBNB THEN OFFERED for me to have my transaction processed using STRIPE. Stripe’s terms are only slightly less awful or differently terrible. They haven’t yet had a Hugh profile legal action by a government or a bank (or consumer group) against them. When they threaten arbitration I’m like, OK, send me your list of arbitrators, I’ve done arbitration before. Most people are scared off by it, and YES I do understand it’s limitations on class actions and juries but it can still make some difference. Let us not be sheep, herded and claiming me have NO choices even if we have few.