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      August 11, 2021

      Newsletter - August 2021

      Rubi Santoro

      In this month's newsletter, learn about our newest product features, register for our upcoming OAuth migrations workshop, and learn more about how Plaid improves consumers' experience with fintech apps.

      Product Highlights

      Categorization improvement for payroll transactions: We recently improved the recall rate for payroll to 92%. We achieved this by building and introducing a platform that enables Plaid to use context from an item’s entire history—rather than single transactions in isolation—to better predict transaction categories.

      Consent pane branding for Link: The recently updated Consent pane enables you to feature your own branding. Incorporate your branding quickly via the dashboard.

      Virtual events

      OAuth Migrations Workshop on 8/25 at 9:00 AM PT: To help you launch your OAuth integration before we sunset our legacy integrations for Chase, Wells Fargo, Bank of America, and others, our customer engineering team is hosting a webinar to walk you through the process.

      Tech Talk - Onboard more customers with frictionless account validation on 8/31 at 9:00 AM PT: Register for our next Tech Talk as we dive deep into our suite of Auth products to see how seamlessly validating your customers’ financial accounts can lead to increased acquisition, engagement, and revenue.

      Integration best practices

      Stay up-to-date with the latest Link SDKs: Link SDKs are released monthly. For a complete record of Link SDK changes, including minor updates and patch fixes, see the GitHub changelog for iOS, Android, and React Native.

      In other news

      Data quality drives better fintech experiences: Read our blog post about how Plaid is helping consumers understand how data access and quality impacts their everyday experience with fintech apps.

      Financial services whenever and wherever customers need them: Plaid partnered with Accenture to produce a report exploring embedded finance and the ways firms are looking to harness this emerging area of opportunity, which will have far-reaching effects on the future of finance.

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      Plaid Financial Ltd. is an authorised payment institution regulated by the Financial Conduct Authority under the Payment Services Regulations 2017 (Firm Registration Number: 804718) for the provision of payment services. Plaid, B.V. is an authorised payment institution regulated by the Dutch Central Bank under the Dutch Financial Supervision Act for the provision of payment services (account information services). Plaid, B.V. is included in the public register of the Dutch Central Bank (License number: R179714) and registered at the Dutch Chamber of Commerce (CoC number: 74716603).