JPMorgan says fintech middlemen like Plaid are 'massively taxing' its APIs

Comments (3)

supportengineer · 7h ago

Why go public with this? If anything, this is a contractual issue between JPMorgan and the API user. API usage terms should have been spelled out in contracts.

salawat · 7h ago

Because there is value in ensuring the public knows their use of Plaid is adversely effecting the banking system. Plaid in it's original incarnation was a straight up ToS violation for most financial firms, as they used privileged credentials to scrape the User's transaction history far in excess of what would be expected or reasonable.

synack · 6h ago

Maybe they should design an API that doesn't require constant polling for updates? Pubsub isn't exactly new technology.

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JPMorgan says fintech middlemen like Plaid are 'massively taxing' its APIs

Comments (3)