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Of course it violates the terms of service written by your bank. Your bank would make it illegal to even talk about your banking transactions with anyone other

Of course it violates the terms of service written by your bank. Your bank would make it illegal to even talk about your banking transactions with anyone other than your bank if they could.

dylan604 2y ago
at the same time, the banks are happy they don't have to spend the money to develop those APIs themselves.
_boffin_ 2y ago
Actually… not as much as you think. Go read Wells Fargo’s policies. The gist of it: if you give it to someone, that’s on you.
- sjtgraham 2y ago
  It's not on you though. Banks have Reg E obligations that cannot be waived by contract.
  - _boffin_ 2y ago
    I wasn't talking about Regulation E. My point was that banks like Wells Fargo have effectively "allowed" companies like Plaid and MX to log in using user credentials .