The partnership will allow RBC’s 17m customers to share their financial data through a direct API with the services on Plaid’s data network. The data access agreement will remove the need for credential sharing, “resulting in increased security and better protection of clients’ privacy”, RBC says.
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RBC partners Plaid to offer API-led connectivity with fintech services
“Not only do RBC clients gain secure access to the broad suite of apps and services on the Plaid data network, but they will also have more control over the data that is shared,” Tilton adds.
