Are companies like Plaid and Yodlee screwed after JP morgan said it will refuse to accept passwords for authentication?
I thought Plaid was providing them APIs and does not need to do authentication for them.
No it’s just a different way of interaction.
Nope. We work closely with the banks to help safely and securely authenticate users
"Envestnet Yodlee is reportedly the most recent data company to agree to use tokens for all of its interactions with Chase." Per bankinnovation.com