Screenshots shared with 404 Media show tenant screening services ApproveShield and Argyle taking much more data than they need. “Opt-out means no housing.”
My landlord tried using some app that wanted my fucking bank credentials. I told her I could t use the app she was asking me to use because it would violate my banks policy and I would then not have a valid way to pay rent.
It’s fucking insane what tech illiterate tech businesses are asking if the customers.
Probably Plaid. They ask for online banking credentials instead of doing the “traditional” collect ACH, do two sub-dollar transactions, confirm amounts.
They settled a lawsuit that claimed they were scraping private transactions and selling them. They didn’t admit fault, but I still refuse to hand them my credentials.
Despite that, they remain popular, since MOST users willingly provide those credentials and get a faster account linking experience, which makes them much more likely to stick around and transfer money into the service recommending Plaid as the linking method.
I’ve also heard there as some services that refuse to use the “traditional” ACH method of account linking, only allowing Plaid.
All these hacks to get around ACH because it’s slow as fuck. If the government could actually fix ACH we wouldn’t need to use these third-party creeps’ apps to do basic money transfers.
I don’t trust the current administration to do it without building in grift and corruption. Bernie at least wanted to make it somewhat easier to bank with post office banking and free-of-cost savings accounts.
ACH has problems, but not enough to justify giving online banking credentials to a third-party.
Right, I don’t trust the current administration either but generally speaking we wouldn’t need to have all these corrupt third parties handling our bank accounts if ACH were faster.
Bingo. We don’t allow autopay since once they have it they can pull what they want, be it by accident, or just because we owe them. Hell with that. Still pay our mortgage, car loans, etc. manually each month.
Yeah. It would be nice for the U.S. banking system to get updated to have the same capabilities the populace in other nations have. I don’t trust the current administration to do it without baking in massive grift and corruption. But, I don’t see the banks doing it themselves, individually or in blocks.
We have dumb things like Zelle, Venmo, and CashApp that are entirely unnecessary in proper countries but banks are invested in and profit from them. Also, this way they can tie customers down with a TOS that would clearly be against banking regulations if any of these service was “a bank”.
My landlord tried using some app that wanted my fucking bank credentials. I told her I could t use the app she was asking me to use because it would violate my banks policy and I would then not have a valid way to pay rent.
It’s fucking insane what tech illiterate tech businesses are asking if the customers.
Probably Plaid. They ask for online banking credentials instead of doing the “traditional” collect ACH, do two sub-dollar transactions, confirm amounts.
They settled a lawsuit that claimed they were scraping private transactions and selling them. They didn’t admit fault, but I still refuse to hand them my credentials.
Despite that, they remain popular, since MOST users willingly provide those credentials and get a faster account linking experience, which makes them much more likely to stick around and transfer money into the service recommending Plaid as the linking method.
I’ve also heard there as some services that refuse to use the “traditional” ACH method of account linking, only allowing Plaid.
All these hacks to get around ACH because it’s slow as fuck. If the government could actually fix ACH we wouldn’t need to use these third-party creeps’ apps to do basic money transfers.
But then how would those third parties make money? Think of the poor corporations!
I don’t trust the current administration to do it without building in grift and corruption. Bernie at least wanted to make it somewhat easier to bank with post office banking and free-of-cost savings accounts.
ACH has problems, but not enough to justify giving online banking credentials to a third-party.
Right, I don’t trust the current administration either but generally speaking we wouldn’t need to have all these corrupt third parties handling our bank accounts if ACH were faster.
I like the method where I send in a payment.
Bingo. We don’t allow autopay since once they have it they can pull what they want, be it by accident, or just because we owe them. Hell with that. Still pay our mortgage, car loans, etc. manually each month.
Laughs in PIX
Yeah. It would be nice for the U.S. banking system to get updated to have the same capabilities the populace in other nations have. I don’t trust the current administration to do it without baking in massive grift and corruption. But, I don’t see the banks doing it themselves, individually or in blocks.
We have dumb things like Zelle, Venmo, and CashApp that are entirely unnecessary in proper countries but banks are invested in and profit from them. Also, this way they can tie customers down with a TOS that would clearly be against banking regulations if any of these service was “a bank”.