🍁 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
Plaid
Software Development
San Francisco , California 176,349 followers
Our mission is to unlock financial freedom for everyone. Join us!
About us
Plaid is a data network that powers the tools millions of people rely on to live a healthier financial life. Plaid works with thousands of companies like Venmo, SoFi, and Betterment, several of the Fortune 500, and many of the largest banks to make it easy for people to connect their financial accounts to the apps and services they want to use. Plaid’s network covers more than 12,000 financial institutions across the US, Canada, UK and Europe. Headquartered in San Francisco, the company was founded in 2013 by Zach Perret and William Hockey.
- Website
-
https://plaid.com
External link for Plaid
- Industry
- Software Development
- Company size
- 501-1,000 employees
- Headquarters
- San Francisco , California
- Type
- Privately Held
- Founded
- 2013
Locations
-
Primary
Plaid
San Francisco , California 94105, US
-
35-41 Folgate Street
London, England E1 6BX, GB
-
136 S Main St
Salt Lake City, Utah 84101, US
-
295 Lafayette St
New York, 10012, US
Employees at Plaid
Updates
-
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
This content isn’t available here
Access this content and more in the LinkedIn app
-
Plaid reposted this
Next week, I will be joining The Aspen Institute's Ida Rademacher in a conversation on the ways technology can fight fraud and advance financial inclusion, two core tenants of Plaid. Excited to see folks like Jo Ann Barefoot, Anu Madgavkar, David Ehrich, Ryan Galluzzo, Jeremy Grant, and Brian Russell there who are also doing great work in this space. Join us: https://lnkd.in/ggxRMyRJ
-
There is still a chance to catch up on everything from Plaid Effects! From product updates, to conversations with innovators in the Fintech field, and insights on what to expect for the future of finance. 📼 Find the full stream on demand: https://lnkd.in/e6FFV9yw
-
Those who know Meredith Fuchs and her work would see this as an extremely fitting recognition. We’re proud that Meredith, our General Counsel, has been named to American Banker’s list of Most Influential Women in Fintech for 2024 🏆 American Banker highlighted some of Meredith's work: “Now she leads Plaid’s engagement with regulators on consumer data portability and has submitted detailed recommendations to the CFPB about its proposed rule that would execute section 1033 of the Dodd-Frank Act." More on the recognition: https://lnkd.in/eDAcpub7