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Bookmark or Share- authentication - Is Plaid, a service which collects user’s banking ...On Plaid’s website Citi, American Express, and others are listed as investors. It appears that banks aren’t against this bad practice, and are, in some cases, actually encouraging it. This makes me think that I might be missing something. Maybe Plaid has some special access to banking systems and it isn’t as bad as it seems.
- authentication - Can someone steal money from my bank account if they ...@TimX: yes, but. 1. Even with authorization the payment can be canceled by the account owner without giving any reason within 2 months of the payment, no questions asked (you sign with your bank that it is your duty to check your account statement and that it is considered approved if you do not reject it within so many weeks after they provide it).
- Is Plaid safe if I change the password after deposit?Plaid technically yes, but they are safe. What's not safe (Imho) that there is a possibility that someone will hack into Plaid in the future. For the sake of this question I assume, that Plaid itself is safe (even so, they will have my password only for 5min).
- Linking to a bank account: login credentials vs. routing information ...Stack Exchange Network. Stack Exchange network consists of 183 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers.
- passwords - How is it secure for Venmo to ask for credentials ...Is this feature limited to a few selected banks? If so, I can imagine that Venmo may have passed a special agreement with them and may use your login and password only to obtain a ticket, and that only this tickets gets stored in the database, not your bank credentials (but this is just guessing, in any way they should never have to ask you for your bank password, this should have been ...
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