Data Privacy & Security Data Privacy & Security

Plaid sued for collecting US consumers' financial data through mobile apps without consent

By Amy Miller
  • 05 May 2020 19:10
  • 05 May 2020 19:37

Fintech company Plaid is harvesting consumers' financial information from mobile payment systems such as Venmo without their knowledge or consent, violating the Gramm-Leach-Bliley Act and several other US and state privacy laws, according to a lawsuit filed in San Francisco federal court.

Plaid, which is currently being acquired by Visa for $5.3 billion

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Amy Miller

Senior Correspondent

Amy is responsible for the coverage of an array of regulatory and litigation issues pertaining to the Internet, including privacy, data security and antitrust. Formerly a legal reporter for the ALM media group, Miller has closely followed legal trends in Silicon Valley and covered corporate legal departments for online and print publications including The American Lawyer, Corporate Counsel, and The Recorder. Miller is a graduate of Columbia University Graduate School of Journalism and is an award-winning journalist with expertise ranging from education and legal reporting to computer-assisted reporting.

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