231–240 of 367 posts
> Privacy is PCI-DSS compliant. We are held to the same rigorous security standards as your bank. I always giggle when I see that.
There's a relevant (and pretty funny) ServerFault question from 2011 I'm immediately reminded of: "Our Security Auditor Is An Idiot. How Do I Give Him The Information He Wants?" http://serverfault.com/questions/293217/our-security-auditor...
Earlier quoted context omitted.
In the footer it also says its accepted everywhere Visa debit cards are, NOT credit cards. That's a huge caveat because debit cards aren't as universally accepted as credit cards.
You can pretty much universally run a debit card as a credit card. It's the other way around that's expensive.
[0] https://developers.braintreepayments.com/reference/response/...
I understand why you need it, and I want this service in a big way, but I'm just baulking at giving you my online banking username and password. Why should I trust you with that?
Privacy uses Plaid on the back-end for this and does not store user credentials.
I understand why you need it, and I want this service in a big way, but I'm just baulking at giving you my online banking username and password. Why should I trust you with that?
You would freely give out the private key of your credit card (credit card number/expiry date/cvv) to any online merchant, but hesitate on authing your bank account user/pass which you can change anytime you want?
smh.
Hey HN - Privacy.com co-founder here. I'm really excited to share what we've been working on for the past year and a half or so. We've been neck-deep in payments stuff on the card issuing side (getting a BIN sponsor, ACH origination, etc), so happy to answer any questions on that front as well. P.S. For new users, your first $5 donation to watsi.org is on us :)
Is that something that new? My bank (Itaú, in Brazil) offers this option for some time now. Here(in portuguese): https://www.itau.com.br/cartoes/cartao-virtual/ Or am I missing something? Edit: They launched it in 2002: http://exame2.com.br/mobile/tecnologia/noticias/itau-agora-t... Edit2: Sounds new in the US. This is not supposed to be a bragging/snarky comment. Just genuinely surprised as innovation usually come t…
http://www.hdfcbank.com/personal/making-payments/security-me...
Is that something that new? My bank (Itaú, in Brazil) offers this option for some time now. Here(in portuguese): https://www.itau.com.br/cartoes/cartao-virtual/ Or am I missing something? Edit: They launched it in 2002: http://exame2.com.br/mobile/tecnologia/noticias/itau-agora-t... Edit2: Sounds new in the US. This is not supposed to be a bragging/snarky comment. Just genuinely surprised as innovation usually come t…
http://www.hdfcbank.com/personal/making-payments/security-me...
This way you didn't need to worry about card numbers being stolen because they were easy to cancel and also didn't have any money in them.
Other cool stuff they did back then: online banking actually had features, and had a 2 factor keyfob. And they had a way where you could SMS people money by sending them a password protected one time code that they could go to any garanti ATM and withdraw cash.
Why are banks in the US so far behind?
Earlier quoted context omitted.
Don't you see that rewards tracking is actually the antithesis of this service? That's what those "free" rewards really are...getting more detailed information on your spending patterns and profile so they can resell that info to interested parties.
Not particularly, though it may factor in. Rewards are primarily a kickback from the company's ~3% cut.