Mercury's customer data breach was soooo damaging.
For those unaware, there was a breach at mercury that gave attackers the following information (from their site):
- Business and Beneficial Owner Information:
- Name(s)
- Phone numbers
- Addresses
- Email addresses
- Account Details:
- Overall account balance
- Business bank account numbers
- Business EIN
- Transaction Information:
- Entities you transact with
- Sender and receiver’s address
- Account number
- Transaction amounts
Despite all that, a web search does not reveal a post-mortem by Mercury. I don't know why you'd trust them.
My bank has for nearly 3 decades an implementation of an standartised api banking API called FINTS. There are quite a few clients for that use the api, including the app of my bank on my phone.
Readit News
For those unaware, there was a breach at mercury that gave attackers the following information (from their site):
Despite all that, a web search does not reveal a post-mortem by Mercury. I don't know why you'd trust them.Automating my bank account is definitely worth that to me, and probably others as well
[EDIT] aaaand in ~17mins I’m signed up and have put in a wire to fund the new account already.
Easiest decision I have made today. <$24 a month for an API to my bank is a price I am certainly willing to pay — I expect I’m not alone.
Well done Mercury.
The first line on the page is "Mercury is a fintech company, not an FDIC-insured bank.".