Why is BNY Mellon informing me Mint's process for accessing account activity does not meet their security standards, and can Mint address this so I do not lose access?
BNY Mellon sent me an email stating,
"After careful review of the process utilized by Mint to access your financial data, we have determined that it does not comply with our security standards. As a result, Mint's access to our clients' accounts will be disabled effective July 23, 2016."
1. Will Mint investigate what security shortcomings exist in its process?
2. Will it take steps to improve security?
3. Is the process for accessing accounts across financial institutions uniform, and does whatever weakness BNY Mellon identified therefore impact data collection from all accounts?