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March 16, 2022

Newsletter - March 2022

Jenny Chiu

In this month's newsletter, learn about our latest product highlights—such as a new transaction categorization taxonomy—as well as numerous virtual events, including our industry-wide Plaid Forum conference.

Product highlights

Transactions: Introducing a new categorization taxonomy

Access a new categorization taxonomy that’s optimized for personal financial management apps and tools, featuring 16 primary and 104 detailed categories. Expect an easier-to-work-with taxonomy able to provide higher-quality category predictions. The taxonomy is an optional integration, but we encourage you to test it out!

Reminder: Upgrade to the latest Link SDKs

To provide an optimal experience for your customers, upgrade to our latest SDKs. Android 3.7.1, iOS 2.4.0, and and React Native 7.3.0 are now available. Please note that we’ll no longer support any versions prior to Android 3.5, iOS 2.2.2, or React Native 7.1.1 after 11/1/22. Upgrade now!

Reminder: Migrate to the new Account Select pane

To give users even more control and transparency, the new account select pane will automatically be included in the Plaid Link flow starting March 31, 2022. To learn more about this update, please watch a recording of our recent workshop, “How to migrate to the updated Account Select pane in Link” and review our migration guide.

Virtual events

Betterment Tech Talk 

3/30 at 9:00 a.m. PT 

Join us for a Tech Talk with Ashley Curran, Director of Product at Betterment, and learn how they harnessed Plaid to build easy-to-use wealth management tools that offer personalized and expert advice to more than 700k customers nationwide.

Marqeta + Plaid webinar 

3/30 at 11:00 a.m. PT

Plaid and Marqeta have partnered to integrate Plaid’s data connectivity platform with Marqeta’s modern card-issuing platform. Join us for a developer-focused webinar where we’ll discuss the basics of ACH, how to pair it with card issuing, and the Marqeta + Plaid integration—including a demo of our new solution.  

Save the date: Plaid Forum 2022

5/19 | 9:00 a.m. - 4:00 p.m. PT

Plaid Forum is back and bringing together the world’s leading innovators, developers, and business leaders to discuss the latest products and ideas powering the next generation of digital financial services. Registration opens soon.

In other news…

BlueVine makes loan decisions 4x faster with Plaid 

BlueVine needed frequent, reliable, and accurate financial data to underwrite more loans. With Plaid, BlueVine can access users’ transaction history to make smarter loan decisions 4x faster.

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