Plaid

✅ Available now: https://lnkd.in/eQtAyMQr ✅ A conversation from American Banker and Plaid explores what's next in the future of cashflow underwriting. Join experts from Jonathan Gurwitz, Credit Lead at Plaid, Erin Allard, President at Prism Data, Erol Cultu, Head of Partnerships at 2nd Order Solutions, moderated by Alex Johnson, founder and author of Fintech Takes, as they provide rich dialogue about the future of cashflow underwriting. Insights include: 💸 An overview of lending today 💸 Tips to tackle the key challenge of cashflow underwriting 💸 A look at the future of this technology

We're proud to be part of the first episode of "This Month in Fintech" a podcast from This Week in Fintech. In this conversation Zach Perret and Ryan Zauk dive into how Plaid’s expanding network is powering innovation in anti-fraud solutions 🥷, credit building 📈, and more. Plus, what’s next in digital finance 🔮   🔗 to listen https://lnkd.in/e3AKuFb7

❓What will be the impact of upcoming open banking regulation (Section 1033)❓ That’s the question we set out to answer in the newest issue of the “Age of Open Finance” newsletter. Check out:  ✔️ What is expected to be the most immediate impact ✔️ How new regulation can spur benefits for banks of all sizes

Today, we’re excited to share that we’ve signed a bilateral data access agreement with PNC, empowering PNC customers to connect their financial accounts and share data via PNC’s API to their chosen Plaid-powered applications. This marks an important milestone on our journey to move US financial data sharing to a credential-less ecosystem, a years-long endeavor. We look forward to working with PNC in the context of this new partnership for years to come. More info here: https://lnkd.in/e7ZNwy9e

What a week at MAG in Orlando! MAG is such an amazing opportunity to hear from so many merchants in a concentrated burst about what’s important to them, and where they think the future of payments is heading.  It has also been a great experience to share how Plaid is thinking about these changes, and how we might be able to help. To start, a few of my key takeaways from those merchant conversations: 1️⃣ As ever, reducing the cost of payments is top of mind for merchants. But we’re also hearing more about optimizing payment acceptance and making sure they can reach new audiences, especially debit users who want a digital payment option. 2️⃣ A wide range of merchants are eager to adopt pay by bank - as long as it can be as seamless as using a card. What I love is that this year, pay by bank feels like it’s moving past early adopters - we’re now hearing interest from merchants who regular Americans transact with every day… think gas, groceries, transport and regular bills. 3️⃣ Lots of merchants are thinking about the in-store experience. It’s definitely too early in the adoption cycle of pay by bank to move into POS payments, but consumers want the flexibility to choose how they pay. Let’s watch this space! I also had the privilege of sharing what Plaid is working on at the innovation stage. Check out some of the exciting UX we’ve launched for Pay by Bank for our billers and ecommerce merchants below.  If you’re interested in building with us, please reach out!

Americans use an average of 3-4 apps to manage their finances 💸 Find more about the trends in the Future of Finance guide: https://lnkd.in/eNsYzbVr

Lending marketing places, BNPL solutions, and the rise of credit integrated ecosystems are shaping a new customer expectations around credit. It’s more important than ever for banks to modernize and adapt. A new report from Gartner shares what financial institutions need to consider when it comes to new credit automation processes. Get the report ⬇️ https://bit.ly/3ZB8zXk

Jonathan Gurwitz, Credit Lead at Plaid is offering his "two cents" 💰, as he shares key insights on the growth of opportunities for cash flow data. Check out these insights, and more in Taktile's new report "The ultimate guide to leveraging third-party data in fintech decisions". 🔗 https://lnkd.in/e2uA9w2m

Veridian Credit Union (VCU) uses Plaid’s full stack of fraud protections (including IDV) to create a quick and easy member experience that makes no compromise with fraud. 📌 📄 They share more about this in their Q&A: https://lnkd.in/e2ZCBVut VCU is a not-for-profit financial cooperative, on a mission to partner with their 340,000 members to create successful financial futures, and to make their vision of digital first banking a reality. We caught up with Kristin Clark, Manager of Web Development at VCU to learn more about how the financial cooperative has partnered with Plaid to stay ahead of fraud while bringing the best possible digital experience to their members.

Everyone wants to scale faster 📈 These 5 founders have figured out how. 💳 Cushion helps people track bills and buy now, pay later (BNPL) payments while building their credit. 🩺 The Beans helps people in caring professions manage their money and reduce stress. 💸 Positive Finance makes it easy for employees donate to causes they care about. 🏫 Wonderschool helps childcare providers start and grow their own businesses. 💼 Slope simplifies BNPL for B2B businesses. Learn more about their stories in our newest e-book: https://lnkd.in/e6j5D6kt