Latest Plaid News & Updates

See the latest news and media coverage for Plaid. We track all announcements, press releases, and industry mentions in real time, all in one place.

Plaid

Financial data connectivity platform

plaid.com

Headquarters: San Francisco , United States
Founded year: 2013
Company type: Private company
Number of employees: 500–1,600

Last updated Today

Latest news about Plaid

In short: Plaid expanded its AI capabilities, launched real-time payment solutions in Europe, and established a major financial integration with OpenAI.

Company announcements

June 1 Plaid

Plaid announces Commercial VRP for recurring payments in the UK

It enables irrevocable settlement, consumer-controlled mandates, and SCA at consent, with fraud rates 3.5 times lower than other payment types.

May 19 Plaid

Plaid introduces Guaranteed Payments to approve more transactions without risk

The service evaluates transactions in real-time, guarantees settlement, and covers losses. It uses AI from Signal and Protect for high approval rates.

May 8 Plaid

Plaid advises states on Medicaid verification plans

CMS mandates plans to verify providers in high-risk areas. Plaid recommends credential revalidation, identity verification, and bank account matching to prevent fraud.

May 6 Plaid

Plaid launches Cash Advance Index

It predicts repayment risk using cash flow and network insights for cash advance providers. Scores range from 1-99, reducing delinquency by 8%.

Media coverage

May 27 Finextra

Plaid launches income verification tool in the UK and Europe

Lenders across the UK and Europe are facing a growing challenge: traditional credit data alone no longer captures the full picture of a borrower’s financial...

May 19 PYMNTS.com

Plaid Debuts Guaranteed Payments Solution for ACH Approvals | PYMNTS.com

Plaid has introduced a tool designed to help customers make smarter ACH-payment-related decisions. “...

May 18 FinTech Magazine

OpenAI Pairs with Plaid for Wider Access to Personal Finance

ChatGPT can now connect to bank accounts through Plaid and later Intuit to easily provide users with personalised financial insights. Credit: OpenAI Pro ChatGPT users...

May 16 KCRA 3

Use Venmo or Robinhood? The Plaid settlement deadline is this week

Hi let's get right to the rundown first. You could be getting a payday. A major financial company is paying up after admitting to collecting...

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