3 ms·
On the contrary, the fact that services like Plaid are able to exist, indicates otherwise. If banks had a problem with the implementation, they would send cease
by chatmasta 7y ago
On the contrary, the fact that services like Plaid are able to exist, indicates otherwise. If banks had a problem with the implementation, they would send cease and desists.
- kristianc 7y agoIn the UK at least, there's often a liability shift if you do end up using a service such as Plaid. Banks won't cover you for fraud that ends up happening because of you handing your online banking password to someone and rightly so. When they do cover you, it'll be because they have a professional relationship with Plaid and/or they rely on other auth methods such as EMV CAP.