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BFTCPA>BFT: Created page with "= Plaid Subprocessor Privacy and ToS Summary = ;'''Product Name''': :Plaid ;'''Publisher/Service Provider Name''': :Plaid Inc. ;'''Policy Document Name''': :Plaid Privacy Policy and Terms of Service == 100-Word Summary of Privacy Policy == Plaid collects, uses, and shares user data to facilitate financial account connections for applications that require financial information. It gathers data from users, financial institutions, devices, and third-party sources for..."

2025-04-11T21:38:39Z

Created page with "= Plaid Subprocessor Privacy and ToS Summary = ;'''Product Name''': :Plaid ;'''Publisher/Service Provider Name''': :Plaid Inc. ;'''Policy Document Name''': :Plaid Privacy Policy and Terms of Service == 100-Word Summary of Privacy Policy == Plaid collects, uses, and shares user data to facilitate financial account connections for applications that require financial information. It gathers data from users, financial institutions, devices, and third-party sources for..."

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= Plaid Subprocessor Privacy and ToS Summary =

;'''Product Name''':
:Plaid

;'''Publisher/Service Provider Name''':
:Plaid Inc.

;'''Policy Document Name''':
:Plaid Privacy Policy and Terms of Service

== 100-Word Summary of Privacy Policy ==
Plaid collects, uses, and shares user data to facilitate financial account connections for applications that require financial information. It gathers data from users, financial institutions, devices, and third-party sources for identity verification, fraud prevention, and user experience improvement. Plaid retains data as long as necessary for service provision and legal compliance. Data is shared with app developers, financial institutions, cloud storage services, fraud prevention services, and legal authorities. Users can manage their data through Plaid Portal and may exercise rights such as access, deletion, and correction of their personal data.

== Key Phrases Regarding Information Sharing ==
* "We share your data with the developers of apps you use and as directed by them."
* "Your data may be shared with financial institutions to facilitate account connections."
* "We share data with third-party service providers for fraud prevention, identity verification, and cloud storage."
* "Personal financial data is shared only with your consent or when necessary for fraud protection and legal compliance."

== Third-Party Subprocessors Table ==
{| class="wikitable"
! Name of Subprocessor
! Purpose of Information Sharing
! Kind of Information Shared
! What Kind of Information Can Users Opt Out of Being Shared
! Directions and/or Links for How to Opt Out of Information Sharing
|-
| Financial Institutions
| Facilitating account connections
| Account details, transactions, balances
| Not specified
| Manage via Plaid Portal
|-
| Cloud Storage Providers
| Secure storage of user data
| Personal and financial data
| Not specified
| Not explicitly provided
|-
| Fraud Prevention Services
| Fraud detection and risk mitigation
| User and transaction data
| Not specified
| Not explicitly provided
|-
| Identity Verification Services
| Verification of user identities
| Personal and government-issued ID data
| Not specified
| Not explicitly provided
|-
| Google reCAPTCHA
| Fraud detection and abuse prevention
| IP address, browser data, device data
| No
| Usage is embedded in services
|}

== User Controls ==
To manage data sharing preferences or exercise rights, users may:
* Visit [https://my.plaid.com my.plaid.com]
* Contact Plaid via email: [mailto:privacy@plaid.com privacy@plaid.com]

Plaid Privacy - Revision history

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