Plaid

We’re ready for a close-up 👀 📸 Our new open finance solution is built to help data providers stay compliant with evolving regulation, while also helping them exceed their customers’ expectations around digital experiences and data connectivity. 👉 Swipe to see more about the products released. 🔗 Find out how to use these products to simplify compliance https://lnkd.in/g2yzQpYh

Our new ✨ open finance solution ✨ has officially arrived 😎 We designed these products, including Core Exchange, Permissions Manager, and App Directory, to meet the industry’s need for API connectivity, rigorous onboarding, and insight into customer connections   … all while simplifying compliance for financial data providers. 🔗 Find out how each product can help institutions like yours plan for upcoming regulation and meet customer expectations: https://lnkd.in/ggK5QYcd

If you want to get excited about the future of finance, check out this conversation at Semafor’s “Banking on the Future: The Next Era of Fintech” in Washington D.C. 👇 At this event, Plaid President Jennifer Taylor joined Jennifer Kuperman Chief Corporate Affairs Officer at Chime to share how Plaid is approaching open finance and financial access. She shared how, “At the core of it, we believe open banking is striving to give consumers more control and choice over how they manage their financial lives.” Find more of the conversation, hosted by Semafor and the Financial Technology Association: https://lnkd.in/e6bcHYcm

🍁 Coming this fall 🍁 New open banking regulation (Section 1033) from CFPB will introduce compliance requirements for data providers. The good news? Compliance doesn't need to be overwhelming—or complex. Swipe 👉 to see get the quick facts on 1033 that data providers should know. 🔗 Check out how Plaid can help: https://lnkd.in/eDBdmGa7

Welcome High Circle to the Plaid Network! ✅ High Circle users can now connect their accounts with over 8,000+ apps and services on the Plaid network via Core Exchange—including apps to track finances, make payments to peers, apply for loans, and more. "By integrating Plaid's technology into our platform, we've enabled seamless fund transfers for our customers. Plaid's Core Exchange is the best solution out there, with easy-to-use APIs that allowed us to quickly integrate thousands of financial institutions, making it hassle-free for our customers to transfer money. We're confident in the security of our customers' financial information thanks to Plaid's robust infrastructure and best-in-class security measures, which aligns perfectly with our values at High Circle." – Himanshu Sharma, Chief Technology Officer, High Circle

Get ready for tomorrow’s open banking regulation—today. Our team recently sat down for an in-depth overview of Section 1033 rulemaking, including what it means for your business, and how Plaid can help with compliance. Check out this deep dive on 1033 featuring Elyse Whitehead (Head of Enterprise Legal Services) and Justina Chen (Product Manager) from Plaid, and Angelena Bradfield (Head of Policy) from the Financial Technology Association. 📹 https://lnkd.in/emwCPtZ8

This list looks right on the money 💚 We’re proud to be named to CNBC’s World’s Top Fintech Companies for 2024! We are inspired to be a part of a thriving ecosystem that services hundreds of millions of people, and to be in great company alongside our customers and partners including LendingTree, Chime, Adyen, Betterment, Current, Robinhood and more. This past year has been especially important for Plaid with new initiatives like Consumer Report, Layer, Beacon—all built to help consumers live a full financial life. We could not be more excited about what is ahead, and the potential for this fintech cohort to define a better future for financial services. Find the full list: https://lnkd.in/ewZe9uMA

Did you know that consumers are already using bank payments for bill pay, high-value e-commerce purchases, and funding digital wallets? 🏦 And that they’re primed to start using it even more for subscriptions, POS, and other use cases? 🔺 ↘ why we should care ↘ 📈 Plaid research shows that a 1% incentive for high-value e-commerce purchases increased pay-by-bank use from 20% to 67%. ❤️ It’s about building brand loyalty, not card loyalty, with more payment options for consumers.   Learn all about the state of pay by bank and how global trends are driving new payments experiences. Download the latest report from the payments experts at Lipis Advisors, in collaboration with Adyen: https://lnkd.in/gx8zmXNg

“Our broader product suite, encompassing onboarding, payments, lending, and anti-fraud, has opened doors with enterprise companies like RealPage, H&R Block, and Western Union that weren’t on the table a few years ago. The goal is for Plaid to evolve into “a one-stop shop” for its customers by offering a suite of integrated products that address their wider business needs.” - Jennifer Taylor, Plaid President Thank you to TechCrunch for the feature on Plaid’s product growth. 

Effects may be over for this year, but the future of finance is still just beginning 🔮 Help us decide what content we should share next. pst - find the full product recap: https://lnkd.in/eghBYKkq