Fabbs
10-29-2018, 02:40 PM
Modern day millennial way of doing banking type stuff?
Paypal has asked friends I know for their banks user and pass. It ended up ok.
Your internet security skills have any thoughts on this?
Here is a for-instance.
Robinhood dot com
Check them out. Free (or super low) stock trading. No commissions. For real.
Not brand new, but fairly new. (BTW you get one free stock for signing up.)
In the sign up process they want you to tie your financial institution into their system. Duh, only way they can make the buy and sell happen. You can sign up without tying in bank just to look/see. But if you want to have them buy and sell stocks or some Bitcoins, you have to tie in bank. Ok, so instead of just asking for your routing and account #s, they want your banks user and password. Well for f's sake they then have direct access to your account.
Or is that just way it's done with some places today (Paypal?). Therefore don't freak out over Robinhood dot com?
I will add that Paypal has (of course) a way to talk to a live person on phone, or direct email.
Robinhood only has a FAQ page with drop down box. No person(s) to email, no phone calls.
Paypal has asked friends I know for their banks user and pass. It ended up ok.
Your internet security skills have any thoughts on this?
Here is a for-instance.
Robinhood dot com
Check them out. Free (or super low) stock trading. No commissions. For real.
Not brand new, but fairly new. (BTW you get one free stock for signing up.)
In the sign up process they want you to tie your financial institution into their system. Duh, only way they can make the buy and sell happen. You can sign up without tying in bank just to look/see. But if you want to have them buy and sell stocks or some Bitcoins, you have to tie in bank. Ok, so instead of just asking for your routing and account #s, they want your banks user and password. Well for f's sake they then have direct access to your account.
Or is that just way it's done with some places today (Paypal?). Therefore don't freak out over Robinhood dot com?
I will add that Paypal has (of course) a way to talk to a live person on phone, or direct email.
Robinhood only has a FAQ page with drop down box. No person(s) to email, no phone calls.