Plaid

This week, the Consumer Financial Protection Bureau released the final 1033 rule which ensures strong data rights for consumers in financial services. Plaid was founded on the belief that consumers should have a right to access and share their financial data to get the financial products that work for them. Here’s how we’re already helping customers and data partners navigate this regulatory shift: 💡 We introduced solutions for our customers to help with authorization management, record retention, and risk management that will align to the final rule. 💡 We launched an FDX-aligned Open Finance solution suite that enables financial institutions to more easily migrate to API connectivity, support risk management, and ensure insight into consumer connections across the Plaid Network.  💡 We’ve put consumers in control of their data with solutions like Plaid Portal, which helps consumers view and control connections they’ve made through Plaid. More updates to come as we continue to analyze the final rule, connect with customers, and tailor our products to build a more open financial ecosystem.

Fintech spring 🌱  > Fintech Winter ⛄ 🔗 More in Bloomberg on big shifts underway in fintech and why we're excited for what's next:

Fintech Predictions is back for 2025. And with a panel of experts across different corners of fintech. This year, Plaid’s Zach Perret, Jen Taylor, and John Pitts are joined by Cambrian Ventures’ Rex Salisbury! Watch live on Jan 13 at 1 PM PT / 4 PM ET. You won’t want to miss this live debate about the future of finance. Save your spot 👉 https://pla.id/4gHBRJV

Plaid is expanding to Raleigh, North Carolina 🏢 As we continue to grow, we're thrilled to join the growing Raleigh tech hub with world-class talent in tech and finance. 📈 And that means we’re hiring!  🆕 Check out the new roles: https://pla.id/4281Tl4

Fintech Predictions is back for 2025. And with a panel of experts across different corners of fintech. This year, Plaid’s Zach Perret, Jen Taylor, and John Pitts are joined by Cambrian Ventures’ Rex Salisbury! Watch live on Jan 13 at 1 PM PT / 4 PM ET. You won’t want to miss this live debate about the future of finance. Save your spot 👉 https://pla.id/4gHBRJV

We're thrilled to welcome Elena Donio to our board of directors and Phil Venables as a company advisor. These industry leaders bring a wealth of experience to help us meet growing demand among enterprise customers and elevate our commitment to security. 🎯 Elena Donio joins us with a proven track record of leading and scaling enterprise-focused organizations. Her expertise in go-to-market strategies and operational excellence will be invaluable as we continue to meet growing demand from enterprise customers. 🔒 Phil Venables is a recognized leader in cybersecurity. He will support Tom Daniels and our security team as a trusted advisor. Ensuring the safety and soundness of our network is a top priority, and will continue to invest in and strengthen our security practices with his guidance. We look forward to learning and growing from our partnership with Elena and Phil as we continue to unlock financial freedom for everyone. Please join us in giving a warm welcome to Elena and Phil! 🔗 https://pla.id/40ypABX

What a gift to welcome Endaoment to the Plaid network 🎁 - just in time for the holiday season! A web-based philanthropic service, Endaoment helps users manage charitable giving using emerging technology, making charitable giving more accessible. With this new integration, users can now see their Donor Advised Funds alongside their other financial accounts (checking, investments, portfolios), helping users have a fuller picture of their financial lives, and make strategic decisions about where to give. From Endaoment Founder and CEO, Robbie Heeger, “Through our integration with Plaid, Endaoment DAFs can now appear right alongside your checking accounts, investment portfolios, and retirement funds in thousands of products. By making DAFs visible in the same tools professionals and individuals use to track their complete financial picture, we’re helping donors and advisors make more informed, strategic decisions about what and where to give.” 👉 Learn more about how organizations are using Plaid to build a more networked financial life: https://lnkd.in/erD2FHUw

Now that the new 1033 rule is published, it’s more important than ever to start paying attention. In our final edition of “The Age of Open Finance”, we learn from experts in the field who have first hand experience in working on the digital transformation that is at the heart of open banking.  Join Kieran Hines, Principal Analyst at Celent, and John Pitts, Head of Policy at Plaid for a new conversation on what banks should know about opportunities for growth in open finance. View the full episode ▶️ https://lnkd.in/emHYrFCU

Fintech Predictions is back! Now’s your chance to become your team’s oracle of finance 🔮 Tune in live as top experts, Zach Perret, Rex Salisbury, and more debate the future of fintech. Jan 13 at 1 PM PT / 4 PM ET. Save your spot 👉 https://pla.id/4ghuLvl

📊 New Data 📊 is here on how bank executives are incorporating open banking into their business strategies and preparing for new compliance requirements A few key takeaways from the research: 🏆 61% of respondents rate open banking as a high company priority 💼 50% of C-suite executives feel prepared for 1033 compliance 🏦 55% of regional and smaller banks consider open banking vital for staying competitive More data on where organizations stand: https://lnkd.in/gXZYM9mT