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The settlement requires Plaid to pay $58 million to consumers. But with Plaid’s portfolio of more than 5500 consumer apps and around 98 million people, bills are most likely to be minimal.

An approved ruling approved the proposed settlement in November and some other people reportedly won notices this month indicating they might be eligible to file a claim. A final approval hearing on the deal is scheduled for May.

“The allegations raised at trial do not reflect our practices,” a Plaid spokesman said when asked to comment. Infrastructure for developers to offer front-end solutions, we have an industry leader in customer privacy practices. We don’t have it, and we’ve never sold data. “

It should be noted that the regulations will not prohibit Plaid from using users’ login information.

You can be a member of elegance if you are a U. S. resident. The U. S. department of state connected a currency account to an app using Plaid between Jan. 1, 2013, and Nov. 19, 2021, according to the deal’s website. All programs will need to be submitted by April 28, 2022. Here is the full list of applications that use Plaid.