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Plaid teams With Pinwheel for direct deposit services

The partnership, announced this week, will see Pinwheel provide complementary payroll data services for Plaids Income offering, while providing Plaid users with direct deposit switching (DDS) services. 

“The most important part of a person’s financial life is their income,” the companies said in a news release. “Whether a consumer earns a biweekly salary, irregular gig-work payments, unemployment benefits, or any type of income in between, they need to seamlessly connect their income accounts to their financial apps.”

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plaid, banking