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bank account verification

Here’s why online marketplace Etsy asks bank account verification from US sellers

Etsy Inc. said that US sellers on its marketplace will either need to self-verify their bank accounts or do it via a third-party, riling up sellers over data privacy concerns. The sellers Reuters talked to and several others on discussion forums were annoyed over the move, saying the recommended mode of verification involved providing financial technology platform Plaid with their banking username and password. "This is so typical of Etsy on any controversial subject, but when it has to do with our finances, it's…