phoenixy1

7 ms·

31.
by phoenixy1 3y ago
[I work at Plaid] I will say that while annoying (especially for Chase, which has the most paperwork-type requirements for developers) this process should be totally doable for solo developers. You can put your own name as the legal entity
32.
by phoenixy1 3y ago
[I work at Plaid] I don't know if we explicitly write down in the docs that the free Development tier isn't guaranteed to have the same SLA as the production environment, but if you're not paying Plaid there is no SLA (I mean
33.
by phoenixy1 3y ago
[I work at Plaid] The pricing model is here: https://plaid.com/docs/account/billing/ but @jpeeler is right that for a free app like this aimed at an audience of engineers you could also set it up for your use
34.
by phoenixy1 3y ago
I know I'm biased since, um, I do customer support for Plaid (sort of), but I think Plaid's customer support is pretty good, actually? It's all in-house, the agents are all technical and it's rare that they give a wrong
35.
How we transform credit card transaction descriptions into API-consumable JSON(plaid.com)
6 points by phoenixy1 3y ago|0 comments
36.
by phoenixy1 3y ago
Some of the things Plaid can do for ACH: - Verify that the account number and routing number are correct - Provide a super tested UI that maximizes conversion - Verify that the ownership info on the bank account matches the personal info th
37.
by phoenixy1 3y ago
Plaid Transfer ( https://plaid.com/transfer/ ) does this.
38.
by phoenixy1 4y ago
I understand that his perspective is not consonant with Western views and that he does place some blame on Ukraine, but he literally says "I'm against war. I'm against the current Russian government." which I hardly thin
39.
by phoenixy1 4y ago
It's 5 by default, but you can actually connect up to 100 accounts for free if you submit a request for full development access.
40.
by phoenixy1 4y ago
If you read the linked document of student complaints, https://nyunews.com/wp-content/uploads/2022/10/Organic-Chemi... many of the complaints, especially about the level of workload, are couched in ideol
41.
by phoenixy1 4y ago
To be fair, equities.fyi seems to label every company as down roughly 80% from highs -- I typed in 10 random private companies I know of, none of them were fintech, and it modeled them all as having similar valuation drops. It's poss
42.
by phoenixy1 4y ago
Sure. The most relevant section would be the "Error Resolution: Unauthorized EFTs" FAQ section in the link in my previous post, especially FAQs 4-8. (Also, just to clarify how Plaid works, Plaid does not share account credentials
43.
by phoenixy1 4y ago
[I work at Plaid] Not to get into too much of this, but the Consumer Financial Protection Bureau has issued guidance that banks are still required to comply with the consumer protection measures provided by Reg E (and thus cannot fully disc
44.
by phoenixy1 4y ago
I work at Plaid. It all depends on the bank. Most data provided by Plaid is sent from banks to Plaid via API, but some isn’t. And generally Plaid connections work fine with 2fa, but some don’t depending on the 2fa method and implementation
45.
by phoenixy1 4y ago
That's really an excessive wait time, I'm sorry. We are working on better systematic approaches to this issue, but in the meantime, would you be willing to send me your info so I can look at what's going on with the ticket? Y
46.
by phoenixy1 4y ago
Yeah, at this point the majority of API requests that Plaid fulfills are filled with data provisioned from institutions via an API. I assume that OP was only looking at named banks who we did press releases with (e.g. Chase, Wells Fargo, Ca
47.
by phoenixy1 4y ago
Plaid has direct integrations with many banks too -- Silicon Valley Bank is actually a Plaid partner for ACH processing (see https://www.svb.com/news/company-news/silicon-valley-bank-an... ). Not sure when your bad
48.
by phoenixy1 5y ago
I have a friend who works at a science museum. He tried to reproduce this at their cocktail hour -- he had wines dyed black and asked visitors to rate their wine knowledge on a scale of 1-5 and then identify the wines as red or white. Accor
49.
by phoenixy1 5y ago
To clarify -- Venmo doesn't get the credentials at all, only Plaid does. Venmo then uses an API to get the specific bank account data it needs from Plaid.
50.
by phoenixy1 5y ago
I work at Plaid and I agree that using Plaid just for getting an ACH and routing number leaves a lot of value on the table. You're getting more than an ACH number and and routing number though -- you're also getting proof that t
51.
by phoenixy1 5y ago
Unfortunately, there isn't a comprehensive list that I'm allowed to share, and even if there were we're often rolling out API access gradually because it can require implementation changes on the developer's side (for ex
52.
by phoenixy1 5y ago
I work at Plaid, and I responded to this on the parent, but because this is pretty highly upvoted I figured I'd respond here too for visibility: the Consumer Financial Production Bureau addressed the fact that a financial institution c
53.
by phoenixy1 5y ago
Hi! I work at Plaid wanted to share that the Consumer Financial Production Bureau addressed the fact that a financial institution cannot waive liability responsibilities in a recent Compliance Aid. FAQ 4 says that instititutions cannot rely
54.
by phoenixy1 5y ago
By "forward" you mean that we ask people to submit a 2FA code during login? YMMV, but I would characterize that as "supporting users who have 2FA enabled" rather than "getting around 2FA". Like I said, I'm
55.
by phoenixy1 5y ago
OK, I work at Plaid and I feel like I have to jump in here -- while it's true that we've iterated on the Plaid Link UI over time and it hasn't always looked like it does now, you can see what the login screen currently looks
56.
by phoenixy1 5y ago
Probably not? The suit was dismissed. Sorry for the paywall but I can't find a better source: https://news.bloomberglaw.com/banking-law/td-bank-plaid-sett... [full disclosure: I work at Plaid]
57.
by phoenixy1 5y ago
I have some issues with the wording in this article (I work at Plaid and I don't think everything it says about us is accurate) but the report is a good thing. Right now we really are dependent on screen scraping at many banks and we&#
58.
by phoenixy1 5y ago
I haven't read the entire report yet, but it seems like a step in the right direction (even given some of the caveats folks have pointed out). I work at Plaid and a big focus area for us is to move as much traffic to APIs as possible,
59.
by phoenixy1 5y ago
Hi! I work at Plaid. We’re strong advocates for API-based connectivity -- our goal is for 75% of our traffic to be committed to APIs by the end of the year. As part of that, we've actually converted our integration with Capital One to
60.
by phoenixy1 5y ago
Hi! I work at Plaid. This is false. We do not do that.

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