zgubi's comments

zgubi | 10 years ago | on: Privacy – Forget Your Credit Card

Thanks for your answer, it clarified things a lot.

My concern with plaid.com using my banking credentials on an ongoing basis still stands though, and for me this currently outweighs the privacy benefits to be gained by using the service. Additional ways of funding (either using a debit card or ACH preloading) would be most welcome and go a long way towards addressing my concerns.

privacy.com would be a very useful service to me, and I hope you will be successful with it!

zgubi | 10 years ago | on: Privacy – Forget Your Credit Card

@boling11, why does privacy.com need access to my online banking on an ongoing basis, after the initial signup is finished?

I have changed my online banking password after signing up successfully, and I received an email complaining that "Our connection to your bank is broken".

I can understand the need for initially providing my banking credentials for AML/KYC reasons, but I feel uncomfortable with your company continuing to use those after the initial check.

Why can't you just use the routing/account numbers for ACH after the initial signup?

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