Ask HN: Are you terrified of Plaid’s account verification approach?

Re:Ask HN: Are you terrified of Plaid’s account verification... by sillycross on Thursday September 02, 2021 @05:03AM (#28389968)

Please correct me if I'm wrong, but I vaguely recalled Plaid actually directed me to my bank's webpage and asked me to input my username and password. So it seemed to me that it's similar to those "log in via your Google/Facebook/etc account" third-party authentication service.

Are you certain that the password/text auth code are sent to Plaid instead of the bank?

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Re:Ask HN: Are you terrified of Plaid’s account verification... by YeBanKo on Thursday September 02, 2021 @05:18AM (#28390050)

It does it for banks, that support it. Many don’t. I want to say that majority in the IS don’t.

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Re:Ask HN: Are you terrified of Plaid’s account verification... by sillycross on Thursday September 02, 2021 @05:37AM (#28390167)

If what you said is true, honestly this is beyond imagination. Can't imagine what's gonna happen if they had a data leak..

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