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Plaid, Yodlee, and others abstracts away extracting data from various banks and financial services providers, so they're providing a solution built on top of th
by phsource 7y ago
Plaid, Yodlee, and others abstracts away extracting data from various banks and financial services providers, so they're providing a solution built on top of the same data extraction techniques that this tool uses
- MetalGuru 7y agoOh, interesting. I thought they just provided secure authentication to an app’s end users’ bank accounts for things like payments (an alternative to someone like PayPal doing two microtransactions, then having you confirm the amounts as a way of validating it’s your account). It’s not like Plaid is scraping financial data though, right?
- detaro 7y agoScraping is incredibly common with banking apps like that, because many banks do not have APIs (and are only changing slowly).