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> Also, giving your credentials to any third party, including Plaid, voids the warranty at many financial institutions. Funny enough, I've seen that be the cas
by cosmie 6y ago
> Also, giving your credentials to any third party, including Plaid, voids the warranty at many financial institutions.
Funny enough, I've seen that be the case at some banks that simultaneously integrate Plaid into their online account application flow for the initial/funding deposit but. Pretty ironic that users are implicitly coerced into voiding their liability protection at their existing bank during the course of opening an account at a new one. Who wouldn't hesitate to turn around and also invalidate your liability protections themselves if you
used your new bank's credentials with Plaid elsewhere.