https://www.ecommercebytes.com/tag/plaid/ Ecommerce Industry News Wed, 02 Aug 2023 00:39:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://www.ecommercebytes.com/wp-content/uploads/2017/06/EB_site_icon-150x150.gif https://www.ecommercebytes.com/tag/plaid/ 32 32 https://www.ecommercebytes.com/2023/08/01/etsy-holds-seller-funds-in-reserve-then-introduces-cash-advance-lending-service/ Tue, 01 Aug 2023 20:53:41 +0000 https://www.ecommercebytes.com/?p=229618 Etsy has been coming under fire for its practice of holding sellers’ funds in reserve – the story blew up in the UK when the BBC wrote about the hardship sellers are facing as the result of the financial squeeze. Read more]]> https://www.ecommercebytes.com/2022/09/21/etsy-sellers-lose-their-collective-minds-over-plaid-verification-error/ https://www.ecommercebytes.com/2022/09/21/etsy-sellers-lose-their-collective-minds-over-plaid-verification-error/#comments Thu, 22 Sep 2022 00:21:03 +0000 https://www.ecommercebytes.com/?p=228143 Sellers who had just suffered waves of anxiety over a new verification requirement got a shock today when Etsy notified them their accounts were not verified and discovered they were unable to activate a button to re-verify their accounts, leaving Read more]]> https://www.ecommercebytes.com/2022/09/21/etsy-sellers-lose-their-collective-minds-over-plaid-verification-error/feed/ 7 https://www.ecommercebytes.com/2022/08/26/etsy-falls-short-of-addressing-seller-security-concerns/ https://www.ecommercebytes.com/2022/08/26/etsy-falls-short-of-addressing-seller-security-concerns/#comments Sat, 27 Aug 2022 00:32:31 +0000 https://www.ecommercebytes.com/?p=228046 Etsy finally issued an announcement that it is requiring all US sellers to verify their bank-account information, regardless of how long ago they set up their account. The announcement came a day after sellers began receiving notice that they must Read more]]> https://www.ecommercebytes.com/2022/08/26/etsy-falls-short-of-addressing-seller-security-concerns/feed/ 3 https://www.ecommercebytes.com/2022/08/25/etsy-said-its-required-to-force-sellers-to-verify-their-bank-accounts/ https://www.ecommercebytes.com/2022/08/25/etsy-said-its-required-to-force-sellers-to-verify-their-bank-accounts/#comments Thu, 25 Aug 2022 20:46:59 +0000 https://www.ecommercebytes.com/?p=228035 Etsy caused a stir Thursday morning when it sent an email to sellers requiring them to verify their bank account information. The reason it gave was in order for the company “to comply with anti-money laundering regulations.” While verifying bank Read more]]> https://www.ecommercebytes.com/2022/08/25/etsy-said-its-required-to-force-sellers-to-verify-their-bank-accounts/feed/ 7 https://www.ecommercebytes.com/2020/01/14/visa-to-acquire-plaid-for-5-3-billion/ Tue, 14 Jan 2020 05:07:39 +0000 https://www.ecommercebytes.com/?p=15247 Visa will pay $5.3 billion for Plaid, a service that helps people connect their financial accounts to financial apps. Visa gave an example of the role Plaid plays in linking accounts to apps: “when a user sets up a Venmo Read more]]>