yahyam's comments

yahyam · on April 25, 2016

Founder of Truebill here...

We plan to make money by recommending new services (i.e. we see you have X and Y, would you like to try Spotify).

ssharp · on April 25, 2016

You've missed a golden opportunity to claim "most ironic business model". Go ahead, charge that monthly fee :)

yahyam · on Feb 17, 2016

Yep, this is definitely on our roadmap. Also, our platform is getting better as it goes, so these small mixups are getting fixed. Thanks.

yahyam · on Feb 17, 2016

I asked Plaid and that's what I was told. It's probably larger than that now since they're constantly adding long-tail support.

sah2ed · on Feb 17, 2016

I researched them in the past but couldn't find any public list of the banks they support, so it's hard to tell how much coverage they have compared to Yodlee.com for instance.

Do you have to be a paying customer to pry that information (i.e. list of banks they support) out of them?

zachperret · on Feb 18, 2016

No need to sign up. You can actually find the full list in our docs: https://plaid.com/docs/#long-tail-institutions

sah2ed · on Feb 18, 2016

Not correct - I had to sign up for an account just now so I could get API keys to hit the endpoint.

Besides, the account is limited at the moment. I get the following error:

    {
      "code": 1306,
      "message": "invalid institution permissions",
      "resolve": "Your Client ID does not have access to this institution endpoint"
    }

yahyam · on Feb 17, 2016

Thanks for the kind words. Definitely understand where you're coming from in terms of security. Our plan isn't really to monetize your data, it's moreso to make intelligent recommendations that we hope our users will follow. For instance, "you're paying $10 per month for Hulu, on average users are x% more satisfied with Netflix, click here to switch from Hulu to Netflix".

We've definitely discussed the idea of a manual export/import - we may get to that in the future.

davemel37 · on Feb 18, 2016

>Our plan isn't really to monetize your data

>it's moreso to make intelligent recommendations...

That is exactly what monetizing data is!

yahyam · on Feb 17, 2016

Wow, that's a ton of $.

To answer the money question, right now we actually don't make money. In the future, we think we can make $ by making intelligent recommendations i.e. "you like x and y, try signing up for Z subscription service.

jtrtoo · on Feb 17, 2016

Maybe consider taking a cut of the savings... ;)

stanleyyork · on Feb 17, 2016

if you're creating $6,000 in value, people would definitely be willing to give you a cut of that.