Plaid has been rolling out new products and partnerships in recent months, offering additional resources to a broader range of customers, including enterprises. For example, the firm rolled out its new credit underwriting solution, Consumer Report, in early June, saying that it brings bank account-level...
The rise of consumer-permissioned data in the U.S. promises to expand the credit landscape. And for the “connectors” and the “collectors” of that data — which includes bank account level information that helps would be lenders follow the money, we’re seeing the emergence of new...
The FICO score — what we might think of as the general “shorthand” for lending — was created back in 1989. In the decades since, and now as we’re on the cusp of the middle of the 2020s, relying on the triple-digit number to crystallize...
Sandbox Banking and Plaid have partnered to offer automated identity verification solutions for the financial services industry. This collaboration will bring together banking solutions from Sandbox Banking and identity verification technology from Plaid, the companies said in a Wednesday (March 27) press release. “Bolstering the era of digital...
February 06, 2024
Rahul Hampole, head of payments at Plaid, said pay by bank is gearing up for widespread adoption — but much depends on use cases that are offered, spanning pay-ins … and payouts. He noted that there’s already a history of banks linking to various payment options — such as Venmo and Cash App — across digital […]
December 21, 2023
Mollie Curran, payments lead at Plaid, said a sea change is ahead for instant payments and for widespread adoption across a range of use cases. In the United States, she...
December 12, 2023
The lending landscape is undergoing a system-level shift that promises to benefit both borrowers and lenders. FinTech innovations, and an evolving mindset within the industry, are combining to usher in...
October 27, 2023
The year 2023 has been one of the biggest yet for innovation across the payments landscape. New, emerging rails including the FedNow® Service and RTP® (Real-Time Payments) have changed the...
July 15, 2024
Venture capital (VC) firm NEA has reportedly created a $540 million continuation vehicle that has drawn as investors Goldman Sachs Group’s alternatives unit, Industry Ventures, Pathway Capital Management and Goanna Capital. The transaction enables NEA to give its limited partners some liquidity at a time when alternative-asset managers are working to distribute cash to institutional […]
July 02, 2024
Plaid has been rolling out new products and partnerships in recent months, offering additional resources to a broader range of customers, including enterprises. For example, the firm rolled out its...
March 27, 2024
Sandbox Banking and Plaid have partnered to offer automated identity verification solutions for the financial services industry. This collaboration will bring together banking solutions from Sandbox Banking and identity verification technology from...
March 27, 2024
Real estate software/data analytics provider RealPage has debuted tools to combat rental fraud. The new offerings, announced Wednesday (March 27), will be available with the company’s OneSite and On-Site leasing and property management...
