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Tag: Wells Fargo

Might be owed cash, If people used these apps Venmo, Robinhood, and American Express

Might be owed cash, If people used these apps Venmo, Robinhood, and American Express

Social Finance
Fintech organization Plaid is paying out a $58 million settlement to clients of 5,000 applications that utilized its point of interaction to interface the applications to their financial balances. As indicated by the objection, offended parties said that the organization planned its Plaid Link point of interaction to have the look and believe and their financial balances' login screens, which drove them to enter their usernames and passwords. The usernames and passwords were then given to Plaid through the point of interaction. What's more, offended parties contended that Plaid acquired more monetary data and information than was approved or required by the application they were utilizing. Last year, Plaid settled a legal claim for $58 million brought by clients who asserted that...