Tagged: plaid

September 25, 2023 @ 3:35 pm By Omar Faridi  |  

Every company that moves money is keeping a close eye on FedNow, the team at Plaid notes in a blog post. Plaid explains that firms expect instant payments for every use case, but the reality is “that the market isn’t quite there yet.” However, there… Read More

September 11, 2023 @ 9:53 pm By Omar Faridi  |  

Scholar Fund is a non-profit offering education, workforce placement, and financial assistance for underserved communities. Recently, they managed the application and distribution of “a $5 million fund supporting over 6,000 Washington families and 20,000 children that are 200% below the poverty line.” To make this a… Read More

August 29, 2023 @ 10:19 am By Omar Faridi  |  

The team at Fintech Plaid are pleased to have Cecilia Frew join the open banking provider as their Head of Open Finance. As the industry comes together to establish data connectivity standards and embrace digital finance, Plaid’s relationship with financial institutions “continues to evolve.” Today,… Read More

August 18, 2023 @ 12:21 pm By Omar Faridi  |  

Pinwheel, the provider of income and employment data engineered for fintech innovation, partners with Plaid, the open finance network, in order “to provide complementary payroll data services for its Income product.” In addition, Pinwheel will become “a Preferred Provider for direct deposit switching (DDS) services.”… Read More

August 8, 2023 @ 5:00 pm By Omar Faridi  |  

Knot, the platform that enables card issuers to automatically switch saved payment methods at the request of their users, announced a $10 million Series A raise led by Nava Ventures, with participation from Amex Ventures, Plaid, and 20+ world-leading CEOs and founders. The funding from… Read More

July 23, 2023 @ 4:42 pm By Omar Faridi  |  

Bankjoy, an end-to-end digital banking provider, announced its partnership with Plaid, the open finance provider powering the digital financial ecosystem. Institutions on the Bankjoy platform will now be able “to offer their customers API access to Plaid’s network of more than 8,000 fintech apps and… Read More

July 19, 2023 @ 10:17 pm By Omar Faridi  |  

Nuvei Corporation (Nasdaq: NVEI), the Canadian fintech company, and Plaid, a data network that enables consumers to connect their bank accounts to more than 8,000 apps and services, announce an extension of their existing global partnership “to support a wider range of businesses with accepting… Read More

July 11, 2023 @ 10:38 am By Omar Faridi  |  

Penny Finance, the online financial mentorship platform for women, announces the launch of automated account integration with PLAID, allowing for improved money insights and more accurate financial reporting for members. Penny’s new feature “enables women to link their bank accounts for an even better and… Read More

June 23, 2023 @ 2:50 pm By Omar Faridi  |  

Fintech firm Plaid introduces Plaid Beacon, the anti-fraud network for fintechs and financial institutions. Beacon is designed “to stop the chain reaction of fraud that occurs when identities are stolen and accounts are compromised.” Through a set of APIs, Beacon reportedly “enables real-time, secure information… Read More

June 11, 2023 @ 6:40 pm By Omar Faridi  |  

Plaid is introducing an all-new identity verification experience that allows consumers to fast track verifications across Plaid-powered apps and services. Just as commerce providers have delivered on the promise of “one-click” checkout, Plaid claims it is “creating the standard for a ‘verify once, verify everywhere’… Read More

May 25, 2023 @ 9:36 am By Omar Faridi  |  

TradeStation Group, Inc., a Florida-based company whose operating subsidiaries provide self-clearing online brokerage services for trading stocks, ETFs, options, futures, and crypto that aim to offer the ultimate trading experience, has announced its integration with Plaid, a data network powering the digital financial ecosystem. The… Read More

April 26, 2023 @ 10:07 pm By Omar Faridi  |  

Buddy, the budgeting app for Gen Zers with 3M users worldwide, has integrated with Plaid, an open finance service provider, in order “to provide Buddy users with the ability to securely connect their financial accounts and automatically track their spending.” Buddy claims it is “entirely… Read More

April 18, 2023 @ 2:08 pm By Omar Faridi  |  

Finastra announced that Plaid, the open finance provider, is now integrated within Finastra’s Fusion Digital Banking platform. The partnership, delivered via Finastra‘s FusionFabric.cloud open APIs, “provides financial institutions of all sizes within the Finastra ecosystem with account verification tools, making it easier and more secure… Read More

February 19, 2023 @ 11:16 am By Omar Faridi  |  

In 2018, Plaid launched Plaid in Canada to enable account connectivity for thousands of fintechs and help increase financial access for millions of Canadians. Since then, they’ve worked with companies like Wealthsimple, Shopify, and Wave. But onboarding a new user is more than “just account… Read More

February 15, 2023 @ 9:07 am By Omar Faridi  |  

Plaid, the data network that powers the tools millions of people rely on to live a healthier financial life, and Okta, Inc. (NASDAQ: OKTA), the independent identity provider, announced a partnership and integration “to help thousands of banks and financial institutions adopt OAuth and APIs… Read More

January 19, 2023 @ 12:23 pm By Omar Faridi  |  

PayJunction, a developer of payment processing technology, announced an integration with Plaid, a consumer-permissioned network powering the digital financial ecosystem to simplify bank payments, “enabling PayJunction customers and partners to deliver a better pay-by-bank experience.” Integrating Plaid’s secure account-to-account (A2A) bank connectivity technology with PayJunction’s… Read More

December 8, 2022 @ 7:34 pm By JD Alois  |  

Plaid, a leader in open banking technology, is the next Fintech to reduce its staff due to a slumping economy. In a team update, Plaid founder and CEO Zach Perret announced the company was reducing its headcount by 260 positions. Offices around the world were… Read More

December 7, 2022 @ 4:08 pm By JD Alois  |  

Airwallex has partnered with open banking platform Plaid. The agreement will see Airwallex offer an integrated solution for Automated Clearing House (ACH) payments. Airwallex said this will enable a more seamless and cost-efficient way to authorize debits from bank accounts into Airwallex accounts.  Users will… Read More

December 2, 2022 @ 12:30 pm By JD Alois  |  

The Financial Technology Association (FTA) has selected Leigh Lytle, head of North American Policy at Plaid, as the 2023 Chair of the FTA Board of Directors. Before joining Plaid, Lytle spent more than 15 years at the Federal Reserve Bank of San Francisco. According to… Read More

October 26, 2022 @ 10:34 pm By Omar Faridi  |  

Capco, a Wipro company and global technology and management consultancy, and Plaid, an industry leader powering the digital financial ecosystem, announced a new alliance. The alliance will “combine Plaid’s leading open finance solutions with Capco’s domain and data analytics expertise to help financial institutions unlock… Read More