Plaid keeps your financial data secure when you use Wisemint services. Think of Plaid as a highly secure digital bridge between your bank and Wisemint.

What Plaid Does for You

Plaid acts as a secure intermediary that helps you safely connect your financial accounts to apps and services you want to use. When you connect your bank account to Wisemint, you're not giving Wisemint direct access to your bank login information. Instead, Plaid handles this connection safely.

How Your Data Stays Protected

Bank-Level Security

Plaid uses Advanced Encryption Standard (AES 256) and Transport Layer Security (TLS) - the same security protocols used by major banks and financial institutions. This means your information is protected with the same level of security as when you log into your bank's website.

Your Login Stays Private

Plaid doesn't see or store your banking username and password. Instead, Plaid encrypts your login and sends an authentication token instead of your banking credentials. Think of it like getting a special visitor's badge at a building instead of giving someone your house key.

You Control What's Shared

Plaid never shares your data without your permission, and they don't sell or rent your financial information to outside companies. Plaid only shares the information needed for the app to function - your passwords and full account numbers are never stored or visible to the app.

Extra Protection Layers

Multi-Factor Authentication

Plaid built its own multi-factor authentication (MFA) in case your financial institution doesn't offer one, so almost all logins feature this extra security step.

Continuous Monitoring

Robust safety monitoring, automated alerts, and a 24/7 on-call team helps Plaid quickly respond to and resolve any potential issues.

Regular Security Audits

Some of the most trusted security researchers, app developers, and financial institutions regularly audit Plaid's API and security controls.

Your Control and Peace of Mind

You can manage your connections at any time through Plaid's portal, where you can see what information you've shared and disconnect services if you want to. Plaid is used by millions of people to safely connect their financial accounts to the apps and services they love and trust.

The bottom line: When Wisemint uses Plaid, your banking credentials never leave the secure Plaid environment, and only the specific financial information you authorize gets shared. It's like having a trusted, highly secure messenger service that never reveals your personal details while helping you access the financial services you want to use.