Plaid paid people $500 for their employer payroll logins
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Re: Plaid paid people $500 for their employer payroll logins
#2I thought duping customers [0] to think they were entering their credentials at their bank website while they were giving them to Plaid was bad. But this is some next level malice. How are they still in business?
[0] https://www.ctvnews.ca/business/td-bank-files-lawsuit-agains...
Re: Plaid paid people $500 for their employer payroll logins
#3> this was part of a pilot program to build "consumer-permissioned tools that make it easier for consumers to securely share their information digitally."
What a useless statement. That could mean anything.
Re: Plaid paid people $500 for their employer payroll logins
#4I bet many banks have similar language prohibiting sharing logins, so you could make the argument that the core business of Plaid could be considered hacking under CFAA. I hope that the legitimate use of tools to do things on the Internet will be normalized before this argument is tried in court.
Re: Plaid paid people $500 for their employer payroll logins
#5[deleted]
Re: Plaid paid people $500 for their employer payroll logins
#6I bet many banks have similar language prohibiting sharing logins, so you could make the argument that the core business of Plaid could be considered hacking under CFAA. I hope that the legitimate use of tools to do things on the Internet will be normalized before this argument is tried in court.
It's a matter of having regulators require interoperability as Europe did with PSD2 [1]. Plaid is a hack due to legacy financial institutions not being required to provide these interfaces by regulatory bodies.
[1] Revised Directive on Payment Services (PSD2)https://en.wikipedia.org/wiki/Payment_Services_Directive#Rev... (Revised Directive on Payment Services (PSD2))
Re: Plaid paid people $500 for their employer payroll logins
#7I thought duping customers [0] to think they were entering their credentials at their bank website while they were giving them to Plaid was bad. But this is some next level malice. How are they still in business? [0] https://www.ctvnews.ca/business/td-bank-files-lawsuit-agains...
I don't understand how this hasn't resulted in criminal charges when they went after Aaron Schwartz for so much less...
If you trick someone into giving your their credentials and use them, how is that not the textbook definition of unauthorized access?
Re: Plaid paid people $500 for their employer payroll logins
#8So this sounds like Plaid wanted to learn how to interface with the client-facing web interface of these payroll systems. So it paid people who have their own payroll on the system for access to that individual's login to study the user interface in order to develop a system that can interoperate with it. This sounds... not so bad?
Re: Plaid paid people $500 for their employer payroll logins
#9The fact that Plaid even exists, and that their core business will probably continue to thrive for another decade makes me almost certain that the US will lose its stranglehold on innovation soon.
In the US, I have to pass through so many rent seekers to move some digits over (Plaid, Stripe, and Visa/MasterCard). Meanwhile Europe has PSD2 now and China AliPay/WeChat Pay. Even India, which in the past 3 months has unfortunately proven dysfunctional has UPI, which is orders of magnitude better than what we have.
When has the US recently passed legislation or standards that fosters innovation? (this is a serious good faith question - there seems to be a lot of govt grants for stuff like basic research, but a whiff of money churns out stuff like repealing net neutrality).
Re: Plaid paid people $500 for their employer payroll logins
#10So this sounds like Plaid wanted to learn how to interface with the client-facing web interface of these payroll systems. So it paid people who have their own payroll on the system for access to that individual's login to study the user interface in order to develop a system that can interoperate with it. This sounds... not so bad?
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