In conjunction with its “Plaid Forum” event, the startup today unveiled a number of “product enhancements and new initiatives,” which marks the start-up's first major expansion since 2013, and also puts it increasingly in the same playing field as Stripe.
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Plaid officially expands into identity and income verification, fraud prevention and account funding
“This ultimately helps build trust and security for the entire ecosystem as more people onboard to new fintech apps and services,” Meier said. “That’s why we are expanding our platform to now include identity verification and new tools for fast and easy account funding and disbursements.”
