Welcome to the Plaid Blog
January 02, 2024
A New Era for Open Finance
We believe the rule is good for consumers and good for industry – including fintechs, banks and everyone in between. Healthy rules of the road will accelerate a...
December 21, 2023
An Update on our Open Finance Strategy
To support rising consumer demand and financial service’s digital transformation, Plaid has built a network that ensures consumers have the right security and protections in place as they...
August 22, 2023
Scaling an Open Finance future with Plaid’s Data Partner Dashboard
Plaid is excited to support data partners of all sizes, from the industry’s largest financial institutions and regional banks to fintechs, neobanks and digital banking platforms. That’s why...
May 17, 2023
A Third-Party Provider’s time to shine: Plaid’s take on the JROC report
As one of the most advanced markets in the world, the UK is no stranger when it comes to open banking. Based on the Joint Regulatory Oversight Committee’s...
May 11, 2023
Building an Open Finance Future: Safe and Reliable Connectivity for All
Plaid has spent the past decade working with financial institutions to set up an API-based data sharing network that supports consumers’ data rights. In the absence of Open...
April 26, 2023
From Open Banking to Open Data, the panel at Innovate Finance Global Summit
From Open Banking to Open Data: The High Speed Race to Success. My thoughts on the panel at Innovate Finance Global Summit 2023.
April 25, 2023
Streamline Tenant Referencing with Open Banking & Identity Verification
Tenant referencing is a crucial part of the letting process for landlords and letting agents to assess the suitability and reliability of potential tenants. However, this process is...
March 27, 2023
Plaid named a Leader in open banking intermediaries
The report assesses the top open banking intermediary providers on 24 criteria across three major categories: current offering, strategy, and market presence. Of the 13 providers evaluated, Plaid’s...
January 25, 2023
Plaid’s support for a strong consumer financial data right
In November, the Consumer Financial Protection Bureau released a comprehensive proposal outlining their vision for a strong consumer financial data rights rule. Today, Plaid submitted our letter in...
December 06, 2022
Preparing for open banking’s time to shine: Reflections on 2022 and what’s ahead for 2023
Throughout 2022, we’ve seen the economy shift dramatically across the world, and particularly in Europe, while shifting geopolitics have created widespread macroeconomic uncertainty. As a result, people have...
November 17, 2022
The next phase of bank payments – safer, smarter, faster
Together with a network of nearly 50 leading payment partners, Plaid is making account-to-account money movement safer, smarter and faster by innovating on both existing and emerging bank...
November 15, 2022
Three principles for driving VRP adoption in the UK
Variable Recurring Payments (VRPs) have the potential to disrupt the recurring payments market by changing how we manage our subscriptions or pay our utility bills, for example. VRPs...
October 19, 2022
UK consumers double down on fintech use through a turbulent economy
Our UK spotlight this year highlights the value fintech is bringing to UK consumers after the pandemic, setting the stage for the shift to open finance. The 2021...
July 26, 2022
VRP: How Plaid can help you take advantage of a £1.5 billion opportunity
Introduced in 2021, Variable Recurring Payments, or VRP for short, are a type of payment instruction that allows people to automate recurring future payments of varying amounts with...
July 13, 2022
Exploring open finance use cases in the EU
The European Union has been at the forefront of open banking since the adoption of the Revised Payments Services Directive (PSD2) in 2016. In May 2022, the European...