Plaid Technologies

Truist's logo, Wells vs. USAA redux, Visa's Plaid pickup: Top stories of the week


Truist emphasizes high-touch, high-tech focus with new logo; Wells Fargo loses another patent lawsuit to USAA; what the Visa-Plaid merger means for banks, fintechs; and more from this week's most-read stories.


What the Visa-Plaid merger means for banks, fintechs


Visa's deal to acquire the data aggregator Plaid is likely to have ripple effects throughout the industry, including less fintech-tech tension over sharing data.


JPM’s boffo earnings; N.Y. Fed says cyberattack could be ‘devastating’


Bank beats estimates as earning soar 21%; a cyberattack on the American banking system could create havoc on financial stability.


Visa's $5 billion Plaid deal takes a possible rival off the table


In the battle to control consumer data, Visa has made a major score by agreeing to acquire Plaid, a technology company that it could have seen grow into a competitor.


Is a new data war about to erupt?


PNC, Plaid and Venmo have been blamestorming over customer data-sharing issues of access, security and consent.


JPMorgan Chase signs data sharing agreement with Envestnet Yodlee


The largest U.S. bank will share data through application programming interfaces with a sometimes-controversial data aggregator.


Wells Fargo strikes data-sharing agreement with Plaid


One of the largest U.S. banks and a dominant data aggregator have signed an agreement designed to give customers more control over their data.


Plaid launches in U.K. to boost open banking on both sides of the Atlantic


The data aggregator plans to help U.S. fintechs expand into the U.K. and vice versa.


Fintech funding reaches new high


Efforts to build better connections to bank customer data, trade digital currency and explore artificial intelligence for security and compliance purposes were some of the biggest draws of fundraising for U.S. startups.


Data aggregator Plaid raises $250 million for expansion


Plaid, which moves consumer data between financial institutions and fintechs, could expand overseas as part of a broad growth plan, according to a venture investor.