Open Banking APIs and Plaid: Building on Financial Data Access

Scoped, revocable, user-visible consent and only the data fields your feature needs — the regulatory direction and the trust-building move are the same move.

Financial data inherits GLBA-class obligations and aggregator agreement terms — data retention, deletion, and downstream-use policies decided before launch, with counsel.

Skipping the discipline this article describes until an incident, audit, or stalled project forces it — every practice above is cheaper adopted early than retrofitted under pressure.