Plaid

✨ Plaid Effects ✨ has entered the chat. Our new virtual event will showcase how Plaid is powering the future of finance and the trends impacting the industry this year. Join us on June 18 to hear from leaders and builders unlocking new opportunities and scaling growth. To register: https://lnkd.in/ebdUs9qd

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

The vault tracks are officially released. Plaid CEO Zachary Perret recently joined the "In The Vault" podcast from Andreessen Horowitz. Tune in to hear takes on fintech infrastructure, including generative AI, payment rails, and banking reputation. 🎧 Find the full conversation: https://lnkd.in/gbV6awNW

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

Announcing: Plaid Layer Layer increases end-to-end sign up rates by 10 - 25%. In a world where 1-2% gains are considered a big win. Here’s how we give you the Internet’s fastest, highest converting financial onboarding experience: 1. 📱 You send us your user's phone number when they're signing up for your service. From that, Plaid tells you whether that user is in the Plaid network 2. ⚡ In-network users are given the choice to sign up instantly with Plaid. Layer authenticates the user, and then presents them everything from their name and date of birth to their SSN and their most relevant previously linked bank account 3. 🌐 Your user hits "Share" and instantly permissions their full identity so you can KYC them. This also links a bank account in one tap (for supported institutions) This is a *massive* improvement in user onboarding. It's an 87% reduction in end to end financial onboarding time - KYC to account linking. And it works, today, for tens of millions of users who are already in our network. Some of my favorite key features: 🔑 Next-level user authentication, powered by direct-to-carrier SIM authentication, our ML models for thwarting bad actors, Passkeys for seamless login, and our network of trusted devices 📊 You can make sure that only users who have *exactly the data you need* on file go through this experience. Everyone else uses your existing signup flow. 🎉 We only charge you when users successfully share their information and link an account with you. Our incentives are 100% aligned with yours. 🧠 We called it Layer because it's a layer that sits on top of your sign up flow that only appears when it benefits you and your users It's available starting today. Link in the comments.

🏁 Ready, set, stream 🏁 Tune in this morning for the first ever Plaid Effects, full of product updates, conversations with leaders and innovators in the FinTech field, and insights on what to expect for the future of finance. Join the stream at 8am PT / 11am ET 📽️ https://lnkd.in/e9pemDR9

Introducing Layer—the Internet’s fastest onboarding experience ⚡ Layer unifies all the critical onboarding steps - from satisfying KYC requirements to linking bank accounts - into one secure, instant experience. Millions of people in the Plaid network can now sign up for a new app in just a few taps. Start securely onboarding new users and improve signup conversion with Layer. Learn more ➡️ https://lnkd.in/gdASY3jx

We’re less than 24 hours away from ✨Plaid Effects 2024 ✨ Save your space and block off your calendar to learn about: ⚡ How leaders like Coinbase, Affirm, Adyen and H&R Block will share have scaled their businesses and built products that are changing the world. ⚡ How to use Plaid's new solutions in onboarding, payments, and underwriting to win more customers, prevent fraud, and grow revenue. ⚡What you need to know for the future of FinTech. Save your seat: https://lnkd.in/e2BQypQp