EMPOWERING FINANCIAL SERVICES CUSTOMERS
To build applications with direct connections to users’ bank accounts
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HOW PLAID SUITE OF APIs HELPS INNOVATION
IN FINANCIAL SERVICES?
Plaid suite of APIs and its integration in financial apps helps financial advisory firms to improve their customers’ investment outlooks and make smarter investment decisions in a cost effective and efficient way and lower their financial risks, while helping them bring decent returns and gain a competitive edge. It helps small businesses to manage their cash flows using transaction history API.
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Access high-quality transaction data
Plaid pulls, parse and presents up to 24 months of data and transaction information directly from users’ bank accounts.
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Validate User Authenticity
Plaid instantly verifies account ownership and validates identities to mitigate fraud and risk.
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Mitigate Risks
It allows investors/lenders to make an informed decision and help mitigate credit losses.
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NSF Reduction
It checks balances in real-time and helps in reducing non-sufficient funds fees.
Analyzes Spending habits
Get detailed insights into spending habits and help your customers making intelligent saving decisions.
PLAID PRODUCTS OVERVIEW
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Auth
Retrieve account and routing numbers for ACH authentication without micro-deposits.
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Transactions
Get clean, structured, transaction data for up to 24 months. Transaction data may include context such as geolocation, merchant, and category information.
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Income
Verify employment info
and validate income information. -
NSF Reduction
It checks balances in real-time and helps in reducing non-sufficient funds fees.
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Analyzes Spending habits
Get detailed insights into spending habits and help your customers making intelligent saving decisions.
