Plaid’s Post

This list looks right on the money 💚 We’re proud to be named to CNBC’s World’s Top Fintech Companies for 2024! We are inspired to be a part of a thriving ecosystem that services hundreds of millions of people, and to be in great company alongside our customers and partners including LendingTree, Chime, Adyen, Betterment, Current, Robinhood and more. This past year has been especially important for Plaid with new initiatives like Consumer Report, Layer, Beacon—all built to help consumers live a full financial life. We could not be more excited about what is ahead, and the potential for this fintech cohort to define a better future for financial services. Find the full list: https://lnkd.in/ewZe9uMA

Did you know that consumers are already using bank payments for bill pay, high-value e-commerce purchases, and funding digital wallets? 🏦 And that they’re primed to start using it even more for subscriptions, POS, and other use cases? 🔺 ↘ why we should care ↘ 📈 Plaid research shows that a 1% incentive for high-value e-commerce purchases increased pay-by-bank use from 20% to 67%. ❤️ It’s about building brand loyalty, not card loyalty, with more payment options for consumers.   Learn all about the state of pay by bank and how global trends are driving new payments experiences. Download the latest report from the payments experts at Lipis Advisors, in collaboration with Adyen: https://lnkd.in/gx8zmXNg

“Our broader product suite, encompassing onboarding, payments, lending, and anti-fraud, has opened doors with enterprise companies like RealPage, H&R Block, and Western Union that weren’t on the table a few years ago. The goal is for Plaid to evolve into “a one-stop shop” for its customers by offering a suite of integrated products that address their wider business needs.” - Jennifer Taylor, Plaid President Thank you to TechCrunch for the feature on Plaid’s product growth. 

Effects may be over for this year, but the future of finance is still just beginning 🔮 Help us decide what content we should share next. pst - find the full product recap: https://lnkd.in/eghBYKkq

There is still a chance to catch up on everything from Plaid Effects! From product updates, to conversations with innovators in the Fintech field, and insights on what to expect for the future of finance. 📼 Find the full stream on demand: https://lnkd.in/e6FFV9yw

Those who know Meredith Fuchs and her work would see this as an extremely fitting recognition. We’re proud that Meredith, our General Counsel, has been named to American Banker’s list of Most Influential Women in Fintech for 2024 🏆 American Banker highlighted some of Meredith's work: “Now she leads Plaid’s engagement with regulators on consumer data portability and has submitted detailed recommendations to the CFPB about its proposed rule that would execute section 1033 of the Dodd-Frank Act." More on the recognition: https://lnkd.in/eDAcpub7

One of our favorite parts of building Plaid is to see how different companies are using the solutions to power game changing technology. For example, how companies are using it to solve for childcare 🍼, B2B sales 🖥️, credit building 💳 and more. Proud to hear from Wonderschool, The Beans, Positive Finance, Slope and Cushion at Plaid Effects. 🔗 Full Effects stream: https://lnkd.in/eNDd9zbR

We have loved hosting you at Plaid Effects this year! Before you go—find a wrap up of all the major products we discussed including:  👩💻 Layer - the fastest onboarding experience on the internet  🚨 Beacon - new account risk insights and network updates  🛒 Pay by Bank - new modular check out components 📋 Consumer Report - actionable data & insights for confident credit decisions Pst - looking for the full stream? Find it here: https://bit.ly/3RwWhKS