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by kwhitefoot 1547 days ago
> screen scraping after requesting your account credentials

Sounds very odd. Handing your log in credentials to anyone is against the rules not to mention common sense. Even the bank itself will never ask for that. My bank's website has warnings about this right on the front page.
3 comments
vishnugupta 1547 days ago
While it is indeed odd companies are making fortune out of this. Plaid is a recent example which was in news for failed acquisition by Visa (shot down by DoJ no less[1]). Yodlee is another old timer company. Why do regulators not go after such companies is beyond me.

[1] https://www.justice.gov/opa/pr/justice-department-sues-block...

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rmesters 1547 days ago
Unfortunately, this is still common in Europe: https://sifted.eu/articles/open-banking-finance-battle/

In U.S. most "open banking" is still done via asking people to share their banking passwords.

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creeble 1547 days ago
Good previous discussion a year ago on HN:

https://news.ycombinator.com/item?id=28389576

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