New Banking Integration for ChatGPT Raises Concerns About Data Security

OpenAI is set to introduce a feature that allows users to grant ChatGPT direct access to their bank accounts, leveraging the Plaid platform to connect with over 12,000 financial institutions. This move aims to provide users with a comprehensive view of their finances, including credit card debt and account balances. The integration builds on ChatGPT’s existing popularity for finance-related queries, processing over 200 million monthly inquiries.