April 25, 2023
Streamline Tenant Referencing with Open Banking & Identity Verification
Tenant referencing is a crucial part of the letting process for landlords and letting agents to assess the suitability and reliability of potential tenants. However, this process is...
Read the articleMarch 27, 2023
Plaid named a Leader in open banking intermediaries
The report assesses the top open banking intermediary providers on 24 criteria across three major categories: current offering, strategy, and market presence. Of the 13 providers evaluated, Plaid’s...
Read the articleJanuary 25, 2023
Plaid’s support for a strong consumer financial data right
In November, the Consumer Financial Protection Bureau released a comprehensive proposal outlining their vision for a strong consumer financial data rights rule. Today, Plaid submitted our letter in...
Read the articleDecember 06, 2022
Preparing for open banking’s time to shine: Reflections on 2022 and what’s ahead for 2023
Throughout 2022, we’ve seen the economy shift dramatically across the world, and particularly in Europe, while shifting geopolitics have created widespread macroeconomic uncertainty. As a result, people have...
Read the articleNovember 17, 2022
The next phase of bank payments – safer, smarter, faster
Together with a network of nearly 50 leading payment partners, Plaid is making account-to-account money movement safer, smarter and faster by innovating on both existing and emerging bank...
Read the articleNovember 15, 2022
Three principles for driving VRP adoption in the UK
Variable Recurring Payments (VRPs) have the potential to disrupt the recurring payments market by changing how we manage our subscriptions or pay our utility bills, for example. VRPs...
Read the articleOctober 19, 2022
UK consumers double down on fintech use through a turbulent economy
Our UK spotlight this year highlights the value fintech is bringing to UK consumers after the pandemic, setting the stage for the shift to open finance. The 2021...
Read the articleJuly 26, 2022
VRP: How Plaid can help you take advantage of a £1.5 billion opportunity
Introduced in 2021, Variable Recurring Payments, or VRP for short, are a type of payment instruction that allows people to automate recurring future payments of varying amounts with...
Read the articleJuly 13, 2022
Exploring open finance use cases in the EU
The European Union has been at the forefront of open banking since the adoption of the Revised Payments Services Directive (PSD2) in 2016. In May 2022, the European...
Read the articleJuly 05, 2022
PSD2 in review
The European Commission’s review of the Revised Payment Services Directive (PSD2) aims to gather evidence on its impact, as well as assess the appropriateness of a legislative proposal...
Read the articleJuly 01, 2022
What the VRP sweeping definition changes means for your business
How people pay for things is changing rapidly and account-to-account payments, embedded across online experiences, are the future. Variable Recurring Payments (VRPs) have the potential to help account-to-account...
Read the articleJune 29, 2022
A more seamless way to reauthenticate in the UK is coming
The Financial Conduct Authority (FCA) has changed the 90-day reauthentication rules. Here, we break down what this rule change means, what its impact will be, and how Plaid...
Read the articleMay 11, 2022
PSD2morrow: Ready, set, go!
For this month’s blog series we are featuring the PSD2 review announcement itself! The commission announced on May 10th 2022 that it would assess impact and issue a...
Read the articleApril 19, 2022
Build a more inclusive credit system with Plaid Income
Income verification continues to be a highly manual and time-consuming process—one that is error-prone, and more consequentially, not representative of today’s workforce. That's why we’re excited to officially...
Read the articleMarch 22, 2022
How UK banks will benefit from VRPs
With the CMA’s decision to mandate variable recurring payments (VRPs) as the mechanism for sweeping, there’s no question the UK payment landscape is on the verge of change....
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