Plaid

Plaid is an open finance platform that enables secure, reliable, and consumer-permissioned access to financial data—helping banks accelerate innovation and better serve their customers in an increasingly digital world.

We connect to over 12,000 financial institutions globally and power thousands of apps and services, from fintech startups to Fortune 500 banks and retailers. Our infrastructure supports banks in delivering faster, smarter, and more secure financial experiences.

Payments: We're seeing rapid adoption of pay-by-bank (account-to-account) payments, especially in bill pay and subscription management. This payment method offers a faster, lower-cost, and more secure alternative to traditional rails—and we believe it's a critical part of the future of U.S. payments.

Credit: With growing demand for access to more predictive credit data, Plaid enables banks to leverage cash flow insights through products like Plaid Check, our cash flow underwriting report offered through our newly launched Consumer Reporting Agency. This helps expand access to credit while improving decisioning accuracy and efficiency.

Fraud Prevention: With access to high-quality, real-time transaction and account data, Plaid helps banks enhance their fraud detection strategies. Our insights provide a clearer picture of account behavior, enabling earlier detection of anomalies, reducing false positives, and strengthening consumer protection across channels.

Plaid helps banks modernize their digital strategies, improve risk management, streamline customer onboarding, and tap into new growth opportunities—all while maintaining the highest standards of security and consumer trust.
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Contact:
Brian Anderson, Industry Associations Lead
1098 Harrison Street
San Francisco, CA 94103
202-580-5246

Consumer Lending,Payments,Risk Management,Fraud,Technology,Innovation & Fintech

Employees: 1,000
Year Started: 2012

Plaid

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