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6 May 2021, 8:24 am
Plaid Wins Partial Toss of Privacy Suit Over Banking DataLaw360 – May 3, 2021 (subscription required) A California federal magistrate judge has partially granted the dismissal of a putative class action accusing Plaid Inc. of accessing and selling the personal banking data of users of apps like Venmo and Stripe without their consent, leaving invasion of privacy and anti-phishing claims intact. [read post]
16 Apr 2021, 8:43 am
Visa’s Incentives to Banks Examined In Justice Department ProbeBloomberg Law – April 8, 2021 (subscription required) The U.S. antitrust investigation of Visa Inc. is scrutinizing deals the company has with banks to entice them to process more online debit-card transactions over its network — spending that surged amid coronavirus lockdowns. [read post]
1 Apr 2021, 3:00 am
Will they assimilate with the locals by wearing plaid and driving a Subaru Outback? [read post]
28 Jan 2021, 9:34 am
TCH, owned by 24 of the nation’s biggest banks, has piloted the solution, which it calls the “Streamlined Data Sharing Risk Assessment,” with seven major banks and two data aggregators, Plaid Inc. [read post]
21 Jan 2021, 9:06 am
., known as SWBC, will use Mastercard Inc. [read post]
18 Jan 2021, 2:14 am
Visa, Plaid call off $5.3 billion deal. [read post]
14 Jan 2021, 9:14 am
Legal and Regulatory Developments SPOTLIGHT: Visa Will Not Acquire Plaid After Running Into Regulatory WallTechCrunch – January 12, 2021 Visa and Plaid called off their agreement this afternoon, ending the consumer credit giant’s takeover of the data-focused fintech API startup. [read post]
24 Dec 2020, 7:21 am
DEEPER DIVE: The DOJ Is Right in Suing to Stop Visa’s Deal for Plaid. [read post]
3 Dec 2020, 8:40 am
A San Francisco technology start-up named Plaid threatened that dominance. [read post]
25 Nov 2020, 9:42 am
Plaid Inc and Evans v. [read post]
12 Nov 2020, 7:24 am
’s $5.3 billion acquisition of Plaid Inc. contains language that could stir expectations of possibly stronger actions against the credit card giant. [read post]
5 Nov 2020, 7:35 am
’s V 2.65% $5.3 billion deal to acquire Plaid Inc., a key player in the financial-technology space. [read post]
2 Nov 2020, 5:02 am
’s $5.3 billion deal to buy fintech startup Plaid Inc. is facing antitrust scrutiny at the U.S. [read post]
29 Oct 2020, 7:36 am
The revelation that the DOJ was taking a closer look at the Plaid acquisition came from a petition filed in the U.S. [read post]
22 Oct 2020, 7:06 am
Plaid, the allegations went, had worked to monetize the data. [read post]
16 Oct 2020, 9:00 am
TD Sues Plaid Over Trademark Infringement, False AdvertisingBanking Dive – October 15, 2020 TD Bank accused Plaid of trademark infringement and false advertising Wednesday in a lawsuit filed in the U.S. [read post]
15 Oct 2020, 9:00 am
“It was an obvious choice for [Plaid] to be in, honestly,” Grose said. [read post]
8 Oct 2020, 8:56 am
Legal and Regulatory Developments SPOTLIGHT: House Panel Says Big Tech Wields Monopoly PowerWall Street Journal – October 6, 2020 America’s biggest technology companies have leveraged their dominance to stamp out competition and stifle innovation, according to a Democratic-led House panel, which said Congress should consider forcing the tech giants to separate their dominant online platforms from other business lines. [read post]
27 Aug 2020, 8:07 am
Plaid Inc. [read post]
23 Jul 2020, 7:22 am
In January, Visa Inc. said it would acquire San Francisco-based Plaid Inc. for a robust $5.3 billion, wrapping the fintech company’s technology that allows users to easily connect their financial accounts with thousands of online applications into the payment processor’s global business. [read post]
