[jeandenis]

I understand your point (and yes we are all mere humans who like plain language).

Your data goes from your bank to the app that you authorized, via Plaid. It is not sold to anybody.

[adrr]

Did you pull all transactions on plaid auth requests? Did you store that data to build out your risk score product? You’re standard customer(one verifying their account for an ACH pull) more than likely didn’t know all their transactions were being stored and mined. They just wanted to fund their robinhood account. That is the issue.

[sroussey]

Derived data? All that aggregated stuff? Nothing?

[oh_sigh]

Not to be nit-picky, but is that data(or derivatives of the data) gifted, given, bartered for, or otherwise sent to parties that are not (plaid, user bank, connected app)?

Neither here nor there, but I just used Plaid for the first time yesterday to pay for the downpayment on my Tesla. It was a really nice, seamless experience.

[infogulch]

I would also like to see the (notably, very carefully followed) 'data is not sold' line strengthened to include all other forms of transmission.

Also a happy user of a service enabled by plaid tech.

[jeandenis]

I replied in some other thread. Copy-pasta:

No, your personal data is not sold or rented or given away or bartered to parties that are not Plaid, your bank, or the connected app. We talk about all of this in our privacy policy, including ways that data could be used — for example, with data processors/service providers (like AWS which hosts our services) for the purposes of running Plaid’s services or for a user’s connected app to provide their services.

[infogulch]

I saw that. Thank you for your patience and persistence in responding to so many pointed questions.

For any interested, here is a link to relevant section of the referenced privacy policy: https://plaid.com/legal/#consumers

I am also impressed by the Legal Changelog on the same page that clearly lays out a log of changes made to privacy & other published legal documents.