Tagged: plaid

Part of the Jacksonville Fintech Scene, Bee Leverages Blockchain to Streamline Home Borrowing Process

  As CI has recently covered, Jacksonville, Florida is an emerging Fintech hub in the US. While Florida has boomed in the past couple of years due to its good governance and business/startup-friendly policies, Jacksonville has managed to attract a good number of financial services… Read More

Plaid Buys ID Verification Firm Cognito

Plaid has acquired Cognito, a firm that provides ID verification including anti-money laundering (AML) and know your customer (KYC) services. Plaid has emerged as a key open banking platform connecting top Fintech and traditional financial services firms around the world. Plaid said that Cognito was… Read More

Three Major Trends for Fintech in Europe in 2022: Plaid

Plaid, a leading open banking platform, has published a blog post that reflects on 2021 while providing some insight into their expectation for 2022. Authored by Keith Grose, GM of International at Plaid in London, explained that Fintech’s disruptive capacity is far beyond financial services…. Read More

Fintech Plaid Obtains ISO27001 and ISO27701 Certifications

Fintech Plaid has been established on the principle that consumers need to be in control over where and how they share their financial details. Core or central to this principle is the customer’s ability to share their data in a secure manner and with the… Read More

Hummingbird Regtech Welcomes $30M Series B, Plans to Grow Staff, Product Line

Hummingbird Regtech, a provider of risk and compliance technology, this week announced the company has raised $30 million in Series B funding. The raise brings the total venture backed funding total to $41.8 million, and follows Hummingbird’s $8.2 million Series A in 2020. This new… Read More

Digital Asset Platform Kraken Completes Integration with Plaid so European Clients Can Fund Accounts Faster

Digital assets firm Kraken notes that in the fast-paced world of virtual currencies, every second counts when you’re moving funds around. Kraken writes in a blog post that establishing the bridges that enable seamless transactions from legacy banking platforms to the “ever-growing” number of blockchain… Read More

Plaid Reports Onboarding Many More Financial Services Companies as Fintech Adoption Surges

When Fintech Plaid first started offering services, they had been mainly focused on connecting with traditional institutions in the jurisdictions they had established businesses. These strategic connections enabled consumers to easily find and link their institution to the Fintech apps and services they required, the… Read More

PensionBee Partners with Plaid to Leverage Open Banking

PensionBee, a Fintech offering pension services, has integrated Plaid – a leading open banking provider. According to PensionBee, the partnership will expand the remit of Open Banking to include pensions, transforming the traditionally complex process. PensionBee previously offered open APIs but this will be an… Read More

Open Banking Firm Plaid and Currencycloud Partner on Global Currencies

Plaid, a top open banking platform, and Currencycloud, a multi-currency transfers Fintech, have agreed to a strategic partnership, according to a release. The collaboration between the two firms is expected to deliver new joint solutions to make it easier for firms in the UK, including… Read More

Fintech Is Increasingly being Embedded where Financial Info, Money Is Involved: Report

Plaid and The Harris Poll have released a report, titled The Fintech Effect: Fintech’s Mass Adoption Moment. The report noted that as Fintech adoption approaches “parity” with traditional banking (95% of consumers are banked), it’s also become the main way that most consumers manage their… Read More

Jack Henry, Provider of Payments Processing for Financial Services Sector, Integrates with Finicity, Akoya, Plaid

Jack Henry & Associates, Inc. (NASDAQ: JKHY), a provider of tech solutions and payment processing services for the financial services sector, announced on October 12, 2021 that Finicity, Akoya, and Plaid are among the first Open Banking platforms to integrate to the Banno Digital Platform by… Read More

Circle, Plaid Announce Integration

Fintech firm Circle, a company providing payments and financial infrastructure for internet businesses, has integrated with Plaid, a data network powering the digital financial ecosystem. The integration simplifies the process of connecting bank accounts and accepting ACH payments because Plaid enables quicker account verification, the… Read More

Synctera Introduces Payment Card and Fraud Prevention Services, Signs Up Plaid, Feedzai, Finix as Partners

Synctera, a new solution for partnership banking at scale, reveals that it has introduced two key services, Synctera Card and Synctera Fraud. The company also confirmed the signing of Fintech Plaid, Feedzai, and Finix as strategic business partners. Synctera Card, which has been launched after… Read More

Astra Teams Up with Fintech Plaid to Enable Financial Tech Firms to Embed Automated Bank Transfers

Astra has announced a new partnership with Plaid in order to enable Fintech companies to embed automated bank transfers. The Astra team noted that they’re pleased to be working with Plaid, a data network powering the digital financial ecosystem, in order to offer an integrated… Read More

Many Americans Haven’t Recovered Yet: Financial Health Network

The Financial Health Network today released its latest Financial Health Pulse Points for the second quarter of 2021. This regular examination of consumer transactions found that despite the economy reopening post lockdowns, most household incomes remain flat, savings are stagnant, and spending declined slightly for… Read More

Commission-Free Stock Brokerage Platform Alpaca Acquires $50M via Series B

Alpaca, a commission-free stock brokerage platform that provides APIs for Fintech-related apps to connect and trade in US stocks, reveals that it has finalized a $50 million Series B “on the heels” of driving 1500% YTD growth in brokerage accounts and “expanding partnerships” across Europe,… Read More

Monzo USA Now Allowing Clients to Move Money To and From Other Accounts, Currently in Beta Testing

Monzo USA recently revealed that you can move money to and from your other accounts – a feature that’s currently in Beta testing. From August 24, 2021, digital bank Monzo clients have been able to connect their other non-Monzo accounts to their Monzo account. Clients… Read More

Fintech Plaid Announces New Funding from J.P. Morgan Private Capital Growth Equity, Amex Ventures as Part of Previous Series D

Fintech Plaid has announced new funding from J.P. Morgan Private Capital Growth Equity and Amex Ventures. As mentioned in a note shared with CI, Plaid acquired additional capital from J.P. Morgan Private Capital Growth Equity Partners and existing investor Amex Ventures. The investments are part… Read More

PeerStreet Makes Best Fintech Workplaces List

Real estate investing platform PeerStreet has another award for their trophy case. The company was named one of the 2021 Best Places to Work in Financial Technology. The honour was voted on by staff who received an anonymous survey sent directly to them by Best… Read More

Open Banking Executives Laud Inclusion of Easier Bank Switching in Biden Executive Order on Competition

Earlier today, President Joe Biden signed the Executive Order that included a litany of policy objectives that are ostensibly designed to improve competition. While some aspects may fall short, one area that may please Open Banking (or Open Finance) advocates is the inclusion of easier… Read More

Send this to a friend