Plaid

We’re dropping product updates like leaves from trees ?? this fall. By that - we mean there are A LOT of updates to see. Check out why Plaid President Jennifer Taylor is particularly proud of this suite of new products—powering millions of consumers and thousands of financial institutions and fintech products. ?? Discover the full collection of Q4 product updates: https://lnkd.in/etSzhV_i

We're officially checking out of this year's Money20/20 ?? We've had a week so rich with industry insights, customer conversations, and even some Plaid branded chocolate. Thank you to everyone who joined us at our booth, our events, or our sessions with John Pitts, Brian Dammeir, Jennifer Taylor and Eric Sager. We're already counting down next year!

Between Plaid Fall product releases, Money 20/20, ABA Annual Conference, and all the updates to the financial industry, there has been a lot to take in these last two weeks. Now that you’ve had time to process, what has you most excited? ?? pst - if you missed out on all the product updates from Plaid, you can find them here: https://lnkd.in/gE7xj__T ??

As we wrap up a few wonderful days at the ABA Annual Convention, we’re excited to share that we’ve officially joined the American Bankers Association’s Partner Network to further support its members and demonstrate how Plaid is a partner to banks of all sizes who want to accelerate their digital roadmap. As a part of the American Bankers Association partner network, we’re proud to further collaborate as the industry aligns around secure financial data access for consumers. We are also excited to showcase how Plaid’s network and services can support financial institutions. This includes helping members find new ways to innovate and engage with their customers, while also complying with new open banking regulation. Together, we are committed to building a transparent, secure, and inclusive ecosystem that delivers better financial services for all consumers ?? We are thrilled to partner with and support ABA and its members! ?? American Banker Association: https://www.aba.com/ ?? Plaid’s Open Finance Solutions—tools to help financial institutions prepare for open banking regulation: https://bit.ly/3UvZMCT

Pay by bank is a??? topic at Money 20/20, and is even more relevant with the new 1033 rule. Learn more about the opportunities in this PYMNTS interview with Plaid’s Head of Payments, Brian Dammeir and AWS's Head of Payments, Paul Chang. ??? find the full conversation: https://lnkd.in/e8fJB-hN

Plaid powers Rocket Companies ?? We’re proud to work with Rocket to give consumers visibility into their spending, help them save for a home, apply for a mortgage or personal loan, and much more through real-time cash flow data Learn more: https://lnkd.in/gf5YutUv

Money20/20 is HERE and we can’t wait to see you! Find us in meeting room Bassano 2601 and at these other locations ??

This week, the Consumer Financial Protection Bureau released the final 1033 rule which ensures strong data rights for consumers in financial services. Plaid was founded on the belief that consumers should have a right to access and share their financial data to get the financial products that work for them. Here’s how we’re already helping customers and data partners navigate this regulatory shift: ?? We introduced solutions for our customers to help with authorization management, record retention, and risk management that will align to the final rule. ?? We launched an FDX-aligned Open Finance solution suite that enables financial institutions to more easily migrate to API connectivity, support risk management, and ensure insight into consumer connections across the Plaid Network.? ?? We’ve put consumers in control of their data with solutions like Plaid Portal, which helps consumers view and control connections they’ve made through Plaid. More updates to come as we continue to analyze the final rule, connect with customers, and tailor our products to build a more open financial ecosystem.

"Cash flow underwriting will just be underwriting in 5 years." ICYMI, we just launched our new streamlined cash flow underwriting solution with MoneyLion as our first customer ???? In this new tech talk, Tim Hong, Chief Product Officer at MoneyLion, joins Alain Meier, Head of Identity at Plaid, to discuss the transformation in lending, and how organizations can think about how to better lending solutions to meet today’s consumer needs. Join the conversation: https://lnkd.in/gcykpewe

Read today's Fintech Blueprint newsletter??? for more on how we're expanding our network and deepening our solutions across credit, fraud prevention and payments to reshape the future of financial services ??