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Hacking. Disinformation. Surveillance. CYBER is Motherboard's podcast and reporting on the dark underbelly of the internet.
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Plaid told Motherboard 12 people participated in the test and that it was vetted by the company's legal counsel. Plaid added that participants' login credentials have since been deleted and that the test was only open to friends and family of existing Plaid employees.Plaid provides the APIs for apps such as Venmo, Robinhood, and Coinbase to connect to bank accounts. Visa planned to acquire Plaid for $5.3 billion, before both companies called off the deal in January after the Department of Justice sued to stop the acquisition on antitrust grounds. In April Plaid announced a $425 million Series D funding round, with a company valuation of $13.4 billion. Plaid's new "Income" product, currently in beta, offers to "Verify anyone's income and employment easily." The product is designed at least in part to help lenders confirm a person's income.Do you know anything else about data gathering practices? We’d love to hear from you. Using a non-work phone or computer, you can contact Joseph Cox securely on Signal on +44 20 8133 5190, Wickr on josephcox, OTR chat on jfcox@jabber.ccc.de, or email joseph.cox@vice.com.
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