ChatGPT’s new banking feature sounds convenient, but the privacy cost is steep
ChatGPT’s new banking feature sounds convenient, but the privacy cost is steep
https://www.makeuseof.com/chatgpts-new-banking-feature-convenient-with-privacy-cost/
Publish Date: 2026-05-15 17:06:00
Source Domain: www.makeuseof.com
Summary
- ChatGPT Pro subscribers can now link to their bank via Plaid to view balances, transactions, and more in chat.
- Granting ChatGPT access risks exposing detailed finances; anyone with chat access could see sensitive data.
- OpenAI offers controls and deletions but retains data for up to 30 days.
It was only a matter of time, but now OpenAI is asking you to trust ChatGPT with access to your financial records. While the newly revealed feature utilizes a secure platform called Plaid to make the handshake between your bank and the AI, there are a lot of privacy concerns lying in wait beneath the surface.
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