Placid Express: Fighting the friction, fees and fraud of digital remittance

When Placid Express introduced a digital version of its international money transfer service in 2014, it faced unprecedented challenges: top-notch fraud verification and a tension between speed and price. Placid Express realized it needed to offer consumers a fast transfer option with built-in security features, minus the high fees traditionally...

Changelog - July 2018

Here are highlights from among the things we've been working on over the last month: Institutions: We expanded our Auth coverage in July to over 3,000 institutions, including Bonneville Bank, Prosperity Bank, and Fidelity Bank. We also upgraded our Transactions coverage, bringing longer transaction histories, improved latency, and more...

Building an Inclusive Code Review Culture

Every engineer is familiar with code reviews, and many before us have compiled thoughts and suggestions on how to do them. Code reviews have an outsized impact on team culture because they are an integral part of the day-to-day of every engineer. At Plaid, we take pride in our inclusive...

Changelog - June 2018

Here is a summary of what we've shipped over the last month: Institutions: We significantly expanded coverage during June, for example adding support for Barclaycard (Transactions, Identity, Balance), Marcus by Goldman Sachs and Azlo (all products). In all, we enabled over 400 more institutions for Auth alongside extending Transaction histories...

Plaid People: Jake Stern

With a degree in economics and a stint on the 2016 presidential campaign under his belt, Jake Stern joined the Plaid sales team in 2017. In our latest Plaid People profile, Jake talks about the experiences that primed him for life in fintech, his enthusiasm for the product he has...

Scaling a monitoring platform to over 9,600 bank integrations

At Plaid, one of the things we do is we maintain integrations with more than 9,600 banks. Our core promise to customers is providing reliable and homogenous data from all of these financial institutions. From an operational perspective, that requires us to monitor 9,600 external dependencies on top...

Fintech Request for Startups

Today, we’re excited to launch our second Request for Startups. Last year's RFS saw more than 100 companies respond, many of which have since grown immensely and significantly impacted the way consumers interact with money. This year, we're hoping for similar success. Financial technology is reaching an inflection point....

Changelog - May 2018

Here is a summary of what we've shipped over the last month: Canada: We announced support for Canadian financial institutions across all products and control for developers to enable them in the Dashboard API Versioning: We introduced API versioning, which allows us to continue rapidly improving our API while maintaining...

Transaction Dupes - Debugging multiple race conditions

Last summer, we started receiving feedback from a few customers that they were being notified about pairs of new transactions that appeared to be duplicates of one another. Pulling up a level, our Transactions product returns users' transaction history at almost every bank in the United States. For many customers,...

Plaid in Canada

Enabling innovation in financial services means doing so everywhere. Today, we’re taking a step towards this vision by announcing our first international market: Canada. This launch extends our full API suite to Canada, including EFT authentication via our Auth endpoint. We’ve added coverage for the largest financial institutions...

Introducing API secrets by environment

Starting today, distinct API secrets can be set for the Sandbox, Development, and Production environments. This allows you to easily grant varying levels of access to the Plaid API across your organization, meaning you can now safely give your entire development team access to the Sandbox environment. To make this...

Plaid People: Joy Zheng

Before Plaid, software engineer Joy Zheng worked as an engineer at Vessel and studied Computer Science and Mathematics at Harvard University. Joy talks Plaid, her love for baking, and how a little bit of statistics helped change up her reading routine in a big way. Photo by Kevin Hu What...

Drop leverages Plaid’s Transactions to innovate faster, further and better

When the founders of Drop set out to build their customer loyalty rewards platform, they envisioned a truly seamless user experience. To ensure they realized their vision, they turned to Plaid. Plaid’s Transactions product offers clean transactional data and simple integration, so that companies can focus on delivering the...

Changelog - April 2018

Here is a summary of what we've been working on over the last month: Assets: We announced that our new Assets product is live, for those of you in the mortgage space, approved by Fannie Mae for Day 1 Certainty™ asset verification. Check out the docs and integrate today! Link...

Plaiderdays

Back in March 2015, when Plaid had just a few dozen employees, we realized that even though we were laser-focused on getting Plaid off the ground, some of our best ideas might be unleashed if we gave ourselves a break from day-to-day work to focus on other projects. We called...