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Thank you for the feedback! We agree. Need to get some semi-professional headshots and approval from our on-staff CPA first, but it's on the shortlist. I'm cur

Thank you for the feedback! We agree. Need to get some semi-professional headshots and approval from our on-staff CPA first, but it's on the shortlist. I'm curious, why the hard stance on granting purchase data?

cosmie 8y ago
I have a similar stance as the parent post, and it's mainly due to the pervasive secondary uses of access to privileged consumer-level data for advertising and marketing purposes. Plenty of companies gain access to privileged information for a specific purpose, but utilize that privileged access in completely opaque ways to create secondary revenue streams. Unroll.me[1][2] is an example of this, as is the countless apps that ask for location services access for specific functionality within the app, but then resell that location data to third parties for ad/marketing/consumer intelligence purposes. With weather and news apps being the worst offenders. Since you have a CPA on-staff, your usage may be bound by law[3] to not be used in such a manner. But I have no idea if so. And without that guarantee, it's pretty terrifying to give you direct access to my accounts. There's a whole lot of signal intelligence in that you can glean. If you're using something like Plaid for automatic transaction aggregation, they even come with several nifty prebuilt endpoints[4] for you to leverage that authorization to get a complete view of my assets, an estimate of my income, and a live view of all of my account balances. Outside of a relationship that has privacy and confidentiality guarantees enshrined in law, that isn't a level of insight I want to grant to third parties. [1] https://www.nytimes.com/2017/04/24/technology/personal-data-firm-slice-unroll-me-backlash-uber.html https://www.nytimes.com/2017/04/24/technology/personal-data-... [2] https://unroll.me/your-data https://unroll.me/your-data [3] https://www.bna.com/confidentiality-tax-practice-n73014474017/ https://www.bna.com/confidentiality-tax-practice-n7301447401... [4] https://plaid.com/products https://plaid.com/products
lancesells 8y ago
Granting purchase access is similar to handing someone my bank statements every month. I wouldn't feel comfortable doing that with friends let alone companies without a big guarantee of compliance and security. Mainly it's due to years of seeing data breaches at companies big and small (along with shady secondary business models). Again, this looks like a great service and is actually useful to me but if I'm passing over my info I want bank-level guarantees these days. Best of luck!

cosmie 8y ago

I have a similar stance as the parent post, and it's mainly due to the pervasive secondary uses of access to privileged consumer-level data for advertising and marketing purposes. Plenty of companies gain access to privileged information for a specific purpose, but utilize that privileged access in completely opaque ways to create secondary revenue streams. Unroll.me[1][2] is an example of this, as is the countless apps that ask for location services access for specific functionality within the app, but then resell that location data to third parties for ad/marketing/consumer intelligence purposes. With weather and news apps being the worst offenders. Since you have a CPA on-staff, your usage may be bound by law[3] to not be used in such a manner. But I have no idea if so. And without that guarantee, it's pretty terrifying to give you direct access to my accounts. There's a whole lot of signal intelligence in that you can glean. If you're using something like Plaid for automatic transaction aggregation, they even come with several nifty prebuilt endpoints[4] for you to leverage that authorization to get a complete view of my assets, an estimate of my income, and a live view of all of my account balances. Outside of a relationship that has privacy and confidentiality guarantees enshrined in law, that isn't a level of insight I want to grant to third parties. [1] https://www.nytimes.com/2017/04/24/technology/personal-data-firm-slice-unroll-me-backlash-uber.html https://www.nytimes.com/2017/04/24/technology/personal-data-... [2] https://unroll.me/your-data https://unroll.me/your-data [3] https://www.bna.com/confidentiality-tax-practice-n73014474017/ https://www.bna.com/confidentiality-tax-practice-n7301447401... [4] https://plaid.com/products https://plaid.com/products

lancesells 8y ago

Granting purchase access is similar to handing someone my bank statements every month. I wouldn't feel comfortable doing that with friends let alone companies without a big guarantee of compliance and security. Mainly it's due to years of seeing data breaches at companies big and small (along with shady secondary business models). Again, this looks like a great service and is actually useful to me but if I'm passing over my info I want bank-level guarantees these days. Best of luck!