Product updates - June 2026

Anahita Walia
Product Marketing Manager

This month, we shipped updates that help businesses verify accounts more flexibly, make more confident credit decisions, reduce identity verification friction, and improve open finance reliability. Highlights include API-based bank account verification for backend-only flows, expanded income and asset verification for home lending, a revamped Credit Dashboard experience, identity verification improvements for workflow setup and typo recovery, and more precise disconnect timing for open finance Items.

Featured products: Database Auth API

What’s better or new:

• ⚡ Database Auth, ⚡ Backend-only account verification: Verify manually entered account and routing numbers via API—no frontend changes required, with implementation possible in under a day.

• 🔐 Broader verification coverage: Leverages Plaid network data to verify bank account details across banks, credit unions, and neobanks, including long-tail institutions.

• 🏦 Fewer ACH returns: Supports offline and non-interactive payment flows with flexible account verification options that improve verification coverage.

Featured products: Home Lending Report, Plaid Income (CRA Income Insights), Credit Dashboard

What’s better or new:

• 🏠 Plaid Home Lending Report, now integrated with Encompass Consumer Connect (POS): Plaid’s Home Lending Report can now be embedded directly into the borrower application experience, bringing seamless digital income and asset verification into the systems mortgage lenders rely on every day. 

• 💸  Plaid Income (CRA Income Insights), now available in Home Lending Report: Lenders can now leverage cash flow-based income insights alongside verified asset data in a single PDF report, helping simplify borrower evaluation and support a more complete view of borrower financial health.

• 💻 Revamped Credit Dashboard UI: Our redesigned no-code Credit Dashboard now delivers a more intuitive experience for reviewing consumer-permissioned financial data, enabling lenders to leverage cash flow underwriting data without requiring technical integrations or engineering resources. Get started with the Credit Dashboard.
  
  

Featured products: Identity Verification

What’s better:

• 👯 Duplicate IDV Templates: Teams can now duplicate existing IDV Templates and Configure Workflows directly from the dashboard — a highly requested feature that reduces manual setup time when standing up new configurations.
  
  

  
  

• 🔄 Typo Retries: When a user enters an incorrect DOB, SSN, or name during KYC, they'll have the option to correct the typo rather than failing the session outright. This improves pass rates to capture sessions that would have otherwise failed based on typos.
  
  

• Know exactly when an Item will disconnect with PENDING_DISCONNECT The PENDING_DISCONNECT webhook already gives you a heads-up when an Item is scheduled to disconnect. Now it also tells you precisely when. A new disconnect_time field returns the exact date the disconnection will occur, so you can time re-engagement prompts more accurately and reduce unnecessary churn. This is a non-breaking, additive change with no integration updates required. See the docs for details.