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by newfonewhodis 1761 days ago
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.

1 comments

dude you can't just drop a hard R like that on HN