Tagged: plaid

March 12, 2021 @ 7:38 am By Samantha Hurst  |  

  Plaid announced on Thursday it has joined forces with Codat, a UK-based technology company that connects the internal systems of small businesses to banks, fintechs, and other financial institutions, to improve small business lending in the UK. Plaid revealed that through the partnership, it… Read More

March 10, 2021 @ 7:06 pm By Omar Faridi  |  

Immigrants who might not have an established credit history may be able to take advantage of advancements in Fintech that provide tools to help these people become homeowners and gain employment as well, according to industry professionals. As first report by CQ Roll Call, new… Read More

March 5, 2021 @ 9:30 am By JD Alois  |  

Plaid, a top open banking Fintech, has revealed a new service labeled “Income.” The service enables immediate income verification for firms using the application thus reducing the time to completion in situations that require the ability to confirm how much income an individual makes. Examples… Read More

February 16, 2021 @ 8:19 am By Samantha Hurst  |  

    Atom Bank, a UK-based mobile bank, announced on Tuesday it has joined forces with UK fintech Plaid  to roll out open banking services to its customers, beginning with offering small business owners a new loan application journey and speedier decisions. “Initially Plaid will… Read More

January 31, 2021 @ 3:44 pm By Omar Faridi  |  

Ashley Cornall, Product Manager at Fintech firm Plaid, notes that more financial platforms and services now exist than ever before to assist users with taking control of their financial wellbeing. But it might still be quite challenging for consumers to direct where their payroll funds… Read More

January 30, 2021 @ 2:58 pm By Omar Faridi  |  

Global Fintech firm Circle has revealed that its APIs now support ACH payments and payouts. Circle explains that ACH support allows clients to provide “seamless” bank transfers to and from USDC, which is a major stablecoin (or digital asset pegged to the US dollar). Circle… Read More

January 21, 2021 @ 4:09 pm By Samantha Hurst  |  

  Plaid announced on Thursday it has launched FinRise, an incubator program to empower early-stage entrepreneurs that are Black, Indigenous, or People of Color. “During an internal hackathon, Plaiderdays, last summer, inspired by the Black Lives Matter movement, a group of us got together to… Read More

January 20, 2021 @ 8:46 pm By Omar Faridi  |  

Fintech firm Plaid is reportedly planning to more than double its Europe-based workforce in 2021, despite having to back out of a potential deal to be acquired by payments giant Visa (due to US antitrust issues). The financial technology firm appears to be taking the… Read More

January 15, 2021 @ 6:30 pm By Omar Faridi  |  

Alchemy Technologies, an established Fintech infrastructure development firm headquartered in Utah, has teamed up with financial technology firm Plaid, which provides a data network that powers the software tools that millions of consumers are using to “improve their financial lives.” Alchemy is notably one of… Read More

January 13, 2021 @ 12:27 pm By JD Alois  |  

The US Department of  Justice has announced that Visa’s acquisition of Plaid, an open banking Fintech, has been called off. The decision to abandon the $5.3 billion acquisition was due to a civil antitrust lawsuit filed on Nov. 5, 2020, to stop the merger. The DOJ… Read More

December 28, 2020 @ 10:25 pm By Omar Faridi  |  

Pritee Tembhekar and Joe Christiani from Fintech firm Plaid have noted that the intersection between financial services and technology may be “complex and difficult to navigate.” Before Plaid developed its first API, the company’s founders were just software developers attempting to create a Fintech app,… Read More

December 16, 2020 @ 10:53 am By Samantha Hurst  |  

  U.S. fintech Plaid announced on Wednesday it has formed a new partnership with fellow fintech Curve. According to Plaid, the partnership was created to help give people in the UK a “holistic view” of their money, make the most of their spending, as well… Read More

December 10, 2020 @ 9:02 pm By Omar Faridi  |  

Plaid, which is having to deal with a suit in federal court (filed by US Dept of Justice) pertaining to Visa’s (NYSE:V) pending $5.3 billion acquisition of the firm, enables financial technology providers like Chime, Robinhood, and Venmo to gain access to banking data. The… Read More

November 24, 2020 @ 3:02 pm By Samantha Hurst  |  

U.S. fintech Plaid announced on Tuesday it has joined forces with Jack Henry to enable Plaid Exchange to more than 350 banks. Plaid launched Plaid Exchange, which is an open finance platform, this past May. It enables banks, wealth, managers, and fintech firms to offer… Read More

November 5, 2020 @ 11:33 am By JD Alois  |  

In a blow to a significant Fintech, the US Department of Justice has filed suit in federal court pertaining to Visa’s (NYSE:V) pending $5.3 billion acquisition of Plaid, a top open banking platform. Last January, Visa announced its intent to purchase Plaid. At that time,… Read More

October 22, 2020 @ 3:56 pm By JD Alois  |  

There should not be any question that financial innovation is good for consumers, good for businesses, and good for the economy in general. Fintech is bringing a degree of financial sophistication and inclusion previously unattainable. Underserved or underbanked markets may now access services once available… Read More

September 21, 2020 @ 7:48 pm By Omar Faridi  |  

Zachary Perret, CEO at Plaid, a San Francisco-based Fintech firm, says that there have been significant changes in the digital financial services sector during the past 6 months. He confirms that there’s been a major shift in consumer behavior with more consumers preferring to use… Read More

September 3, 2020 @ 9:33 pm By Omar Faridi  |  

Banking challenger Branch has teamed up with Fintech solution provider Plaid to offer users access to real-time data across their applications. Instead of taking several business days for financial transactions to appear on various apps, the new integration should allow service providers to send transaction… Read More

September 2, 2020 @ 2:00 pm By JD Alois  |  

  The Office of the Comptroller of the Currency (OCC) will start processing Fintech applications to become federally chartered firms as soon as this week, according to a report. The acting Comptroller of the Currency Brian Brooks has only been managing the regulator since May… Read More

August 31, 2020 @ 9:07 am By Omar Faridi  |  

Ontology, a high-throughput or “high-performance” blockchain platform, has integrated its services with Fintech Plaid, which offers a data network that powers the financial technology tools used by millions of people. Following the integration, ONTO (Ontology’s native token) wallet users will be able to access Open… Read More