Tag: Plaid
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Plaid Class-Action Lawsuit Reveals Open Banking’s Biggest Problem – Here’s How to Protect Your Customer’s Data
Privacy concerns are trending since before the pandemic–swirling around the topic of open banking. If you’re not sure what open banking is, it’s the concept of allowing third-party companies to use consumer financial data for additional services and features. There are two main companies that provide open-banking platforms: Plaid and Trustly. Now, it might sound like…
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