What is Plaid, and is it safe to use?

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If you've ever connected your bank or credit card information to a mobile app or online service, it's possible that you used Plaid to do it.

The company acts as an intermediary, providing a secure connection between your financial accounts and eligible apps without requiring you to download a separate app or create a separate account.

But what is Plaid banking, how does it work, and is it safe to use? Here's everything you need to know.

Plaid is a financial technology company that allows you to link your financial accounts to thousands of apps, many of which you may use to manage your budget or other financial needs.

The company's technology is integrated directly into its partner apps, making it easy for you to connect your accounts without having to use another app or website. Some of the well-known companies that use Plaid to link users' financial accounts include Venmo, Coinbase, Robinhood, Betterment, SoFi, and H&R Block.

Select your financial institution: When you're ready to link your account, you'll searc

Fuente original: Yahoo Finance (https://finance.yahoo.com/personal-finance/banking/article/what-is-plaid-174926375.html)