Plaid just settled a $58 million class action lawsuit for a) collecting people’s usernames and passwords then b) scraping their transaction history without their consent and selling it to data brokers.
From the complaint:
First, Plaid induces consumers to hand over their private bank login credentials to Plaid by making it appear those credentials are being communicated directly to consumers’ banks. Consumers are informed the connection is “private” and “secure,” and their banking credentials will “never be made accessible” to the app. They are then directed to a login screen that looks like it is coming from their bank, complete with the bank’s logo and branding. In reality, however, though Plaid does not disclose this, the login screen is created by, controlled by, and connected to Plaid. Plaid executives have acknowledged this process was “optimized” to increase “user conversions”—in other words, to provide a false sense of comfort to consumers by concealing Plaid’s role as an unaffiliated third party.
Second, Plaid uses consumers’ login credentials to obtain direct and full access to consumers’ personal financial banking information for Plaid’s own commercial purposes wholly unrelated to consumers’ use of the apps. For each consumer, Plaid downloads years’ worth of transaction history for every single account they have connected to that bank (such as checking, savings, credit card, and brokerage accounts), regardless of whether the data in any of the accounts bears any relationship to the app for which the consumer signed up. Thus, a consumer who makes a single mobile payment on an app from a checking account unwittingly gives Plaid years’ worth of private, granular financial information from every account the consumer maintains with the bank, including accounts maintained for others such as relatives and children. To date, Plaid has amassed this trove of data from over 200 million distinct financial accounts.
Plaid exploits its ill-gotten information in a variety of ways, including marketing the data to its app customers, analyzing the data to derive insights into consumer behavior, and, most recently, selling its collection of data to Visa as part of a multi-billion dollar acquisition. Plaid has unfairly benefited from the personal information of millions of Americans and wrongfully intruded upon their private financial affairs.
I noticed that there were some accounts that were hijacked by the instance owners. All the posts from that user were then edited to say what happened....
There might not be enough lanes though. The only guaranteed way is to get close enough that you can look in through their rear window to see their speedometer.
The content was incredibly boring. That site is already going downhill. I came right back to Lemmy and immediately was more entertained. You’re all much funnier and more creative. I feel like Reddit had a brain drain after the protest.
Someone posted this over on Reddit right when it happened and I apparently saved it. I’m cleaning out my bookmarks and came across it. I hought you’d like to see why it’s good news that we found Lemmy....
They mentioned Ally Financial as one of the success cases so I did a quick search for recent posts about Ally and sure enough the very first result from outside their own sub has this user contributing to the conversation:
Somebody posts a question about Ally and this 11 minute old account comes along pitching all of Ally Bank’s features. Then a week later they’re making 3 posts in a row advertising some other brand.
They didn’t even do that though. It was an absolutely brand new 1 karma account that somehow mysteriously didn’t get automodded to hell. Account created 09:00:27 UTC, then Ally Bank comment at 09:11:37 UTC
I was trying to figure that out too. Best I could figure, you’d start by putting the rear legs through both holes then sliding it up to right behind your front legs. Then do some kind of maneuver where you pull your front legs up to your body and try your best to stretch the pants a little bit to get your front legs into the top hole then down and out through the front leg holes, then finish sliding the top hole up into place? Idk I’ve now thought way too long about how a centaur would actually put pants on.
It always blows my mind how much broken shit Ubuntu gets away with and all their users blame literally everything else without ever once even considering it’s Ubuntu that’s to blame.
Packages having a hard coded version name and then installing a completely different version is a Ubuntu repo classic.
Holy shit if you keep following the link about the GPT influx it just keeps getting worse and worse. First link: nearly 1000 bots. Next link: 2400 bots! An even further link: Over 5000 now!
Yeah it’s great how ctrl-r is kinda the default instead of something you have to go out of your way to use. Just start typing a command and the up arrow will only cycle through history that matches what you’ve typed so far.
Yeah it’s great how ctrl-r is kinda the default instead of something you have to go out of your way to use. Just start typing a command and the up arrow will only cycle through history that matches what you’ve typed so far.
Yeah it’s great how ctrl-r is kinda the default instead of something you have to go out of your way to use. Just start typing a command and the up arrow will only cycle through history that matches what you’ve typed so far.
A friendly kitty at the local zoo (lemmy.world)
Are there any US banks that provide automated access to account data?
I wasn’t sure where to ask this, so please feel free to direct me to a different community if there’s a good one for this question....
How much control/access does my instance owner haver over my account?
I noticed that there were some accounts that were hijacked by the instance owners. All the posts from that user were then edited to say what happened....
How closely should I follow the car ahead of me?
They keep going faster and I don’t get it, am I going too slow or too fast??
I went and looked at the Reddit front page today
The content was incredibly boring. That site is already going downhill. I came right back to Lemmy and immediately was more entertained. You’re all much funnier and more creative. I feel like Reddit had a brain drain after the protest.
This is real: Investing in what makes Reddit unique: Introducing Contextual Keyword Targeting and Product Ads - Upvoted (www.redditinc.com)
Someone posted this over on Reddit right when it happened and I apparently saved it. I’m cleaning out my bookmarks and came across it. I hought you’d like to see why it’s good news that we found Lemmy....
Bottom left for sure (lemmy.world)
Fuck nvidia. (mujico.org)
Thats why i never buy their shit after having one laptop with one of their graphics....
r/BotDefense is shutting down - I hope Reddit likes spam and malicious actors (www.reddit.com)
Post contents (and a mirror):...
annoying is my intention (lemmy.world)
Used a script to overwrite old comments to finalize my switch to Lemmy, and got this message from one of the subreddit that i commented....
Look, I'm lazy, okay? (lemmy.world)