News for hackers. Stuff that matters.
Re:Stock-trading app Robinhood was rejected by 75 investors by dawhizkid on Sunday May 13, 2018 @08:05PM (#17061765)
No, it's not. Robinhood hides non-Plaid linking options behind a "don't see your bank?" button at the very bottom of a long list of banks that few people are even aware is an option. The point is that even smart people on here seem to have no clue that Robinhood is collecting this information when they link a bank account through Plaid because the permissions you grant are that opaque.
Re:Stock-trading app Robinhood was rejected by 75 investors by vasilipupkin on Sunday May 13, 2018 @08:13PM (#17061790)
The point is to compare RH with other brokerages. Right? If everyone is using Plaid, then you are still better off not paying 4.95. Or, are you claiming nobody else is doing it but them ?
Re:Stock-trading app Robinhood was rejected by 75 investors by akhatri_aus on Sunday May 13, 2018 @08:15PM (#17061798)
Nonetheless, the option exists. Meaning the data on the statement is really of no use to RH & isn't part of their business model.
Re:Stock-trading app Robinhood was rejected by 75 investors by megous on Monday May 14, 2018 @09:06AM (#17065110)
There's also an option on FB not to share your wall posts with anyone. Yet you'd not infer from that that people sharing crap about their lifes on the wall is not integral to the FB's business model.

Something's wrong with your logic.

Re:Stock-trading app Robinhood was rejected by 75 investors by vasilipupkin on Monday May 14, 2018 @10:00AM (#17065569)
FB serves ads. Robinhood doesn't. So, it's not clear how in the world people's history would be integral to their business model. I suppose we could imagine them using it down the road to offer credit or something. But as of right now, it is a mere insinuation without a shred of evidence.