Big Banks want to block all this stuff. It’s both a security risk and also reduces the friction to migrate banks. Alternative to plaids ach verification is m

Big Banks want to block all this stuff. It’s both a security risk and also reduces the friction to migrate banks. Alternative to plaids ach verification is micro deposits which takes at least 1 days to verify the account. Banks have negative NPS score and people don’t move because it’s a lot of effort including moving all your bill pay info etc.