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. ... Read full article
The data aggregator plans to help U.S. fintechs expand into the U.K. and vice versa. ... Read full article
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. ... Read full article
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. ... Read full article
Capital One's dispute with Plaid raised questions about the ability of banks and aggregators to work together. But the end of that fight, and Capital One's deal with Finicity, show common ground can be reached — eventually. ... Read full article
Other aggregators came to the bank's defense, while one CEO suggested Plaid's very public protest was unfounded. ... Read full article
Whatever the reason that Plaid, a prominent data aggregator, can no longer access data from Capital One, the situation demonstrates how fragile fintechs are when they lose banking access. ... Read full article
The financial technology infrastructure firm has made its first move to provide services outside of the U.S. ... Read full article