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by newfonewhodis
1761 days ago
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Wow what a jerk. Very, very explicit lie: > Plaid used consumers’ banking login credentials to gather and distribute detailed financial data without prior consent > Allegedly, these actions occurred without users knowing about Plaid’s role is a variance of “deceptive tactics.” And for all this: > If all 98 million people were to file a claim, each would receive just 60 cents. > The San-Francisco based platform raised a $425 million funding round in April The current capitalistic system is broken beyond repair. We need stricter corporate regulation (especially in fintech but more broadly) very urgently. |
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