Digital banks and payment apps have complete visibility into your financial life - income, spending, and transfers.
Side-by-side comparison of privacy scores across major fintech banking services.
| Service | Score | Grade | Key Privacy Issue | |
|---|---|---|---|---|
|
C
Chime
Best in Category
|
58 | C+ | Common Sense "Warning" rating; no data sales stated | View Review → |
|
V
Venmo
|
50 | C | FTC 2018 settlement; 207M transactions exposed via public API | View Review → |
|
C
Cash App
|
45 | C- | CFPB $175M penalty (2025); federal criminal investigation | View Review → |
|
Z
Zelle
Lowest in Category
|
40 | C- | NY AG lawsuit alleging $1B stolen; Senate investigation | View Review → |
$180M+ in CFPB penalties across Cash App ($175M) and Chime ($4.55M) for security failures and consumer harm. Source: CFPB
NY AG alleges $1 billion stolen from Zelle users. Senate investigation found reimbursement rates declined from 62% to 38%. Source: NY AG
Venmo exposed 207 million transactions via public API before FTC intervention. Default settings still favor public visibility. Source: FTC
Common Sense Privacy rates both Chime and Cash App as "Warning" (43-44%) - "do not meet our recommendations for privacy and security." Source: Common Sense
We also analyze fintech banking terms of service for consumer fairness issues like billing, cancellation, and liability.
View ToS Watchdog Fintech Banking →Click through for complete privacy analysis of each service.
If you're worried about how these services are using your data, or need help understanding your rights under privacy laws, I can help.