Sep 28, 2017
Whether you're a small developer or a large Fortune 500 company,
getting consumers to interact with your app or engage in
transactions is the key to your success.
Plaid helps to connect 3rd party applications to user's bank
accounts, in order to streamline transactions made through those
applications, and verifies user identities at set up. It can also
help send transaction data to bookkeeping applications.
This helps to prevent fraud, by not only verifying that users are
who they say they are, but also verifying that companies that use
their technology–including big banks, Venmo, Square, and
Coinbase–are legitimate. In the future, they hope to expand to 100%
coverage of financial services companies and consumers in the
US.
For more information, visit www.plaid.com.