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I bet many banks have similar language prohibiting sharing logins, so you could make the argument that the core business of Plaid could be considered hacking un
by yonran 5y ago
I bet many banks have similar language prohibiting sharing logins, so you could make the argument that the core business of Plaid could be considered hacking under CFAA. I hope that the legitimate use of tools to do things on the Internet will be normalized before this argument is tried in court.
- toomuchtodo 5y agoIt's a matter of having regulators require interoperability as Europe did with PSD2 [1]. Plaid is a hack due to legacy financial institutions not being required to provide these interfaces by regulatory bodies. [1] Revised Directive on Payment Services (PSD2)https://en.wikipedia.org/wiki/Payment_Services_Directive#Revised_Directive_on_Payment_Services_(PSD2) https://en.wikipedia.org/wiki/Payment_Services_Directive#Rev... (Revised Directive on Payment Services (PSD2))
- sagarm 5y agoYodlee (used by Mint and likely others) has been around for over a decade, and AFAIK nothing happened to them.