February 24, 2022
A look at PSD2’s tomorrow
Plaid’s monthly blog series where we look at the PSD2 review, what TPPs need, and where we see room for growth.
Read the articleJanuary 13, 2022
Plaid and Instant payments: Allies in Open Banking
In order to fully scale and be as impactful as it was intended to be, Payment Initiation Services need to leverage well connected banks that are part of...
Read the articleDecember 06, 2021
Variable Recurring Payments - turning the mundane magical
Now, more than ever, consumers want products and services that fit their financial needs. Open banking has only increased that demand and paved the way for embedded finance...
Read the articleNovember 25, 2021
180 days is not enough
The European Banking Authority (EBA) closed its public consultation today on the amendment of its Regulatory Technical Standards (RTS) on Strong Customer Authentication (SCA) and the 90-day exemption...
Read the articleOctober 18, 2021
VRPs: the next frontier of open banking payments
Variable Recurring Payments (VRPs) are the next big development for open banking in the UK. Last year, the UK’s Open Banking Implementation Entity (OBIE) released its consultations on...
Read the articleSeptember 21, 2021
Q2 and Plaid Partner to Provide Better Digital Banking Capabilities to Hundreds of Banks and Credit Unions
Plaid and Q2 both strive to deliver best-in-class digital experiences. Together, we’re launching a strategic partnership to provide Q2 customers with access to a range of new digital...
Read the articleJune 08, 2021
Mythbusting: consumer protection and PIS payments
The revised payment service directive (PSD2) is quickly transforming the financial services industry, giving consumers more options than ever before for how they pay. The newest choice,...
Read the articleJune 02, 2021
Obstacles be gone: Open Banking and the possibility of a smooth customer journey for financial services in Europe
No one has ever said “I’d love to have a few more obstacles in my financial life.” The Netherlands has a history of constantly removing those obstacles,from inventing...
Read the articleApril 30, 2021
How to make re-authentication better: our response to the FCA’s consultation
90-day reauthentication, is it actually going away? Maybe! Check out our latest blog to see our response to the FCA’s consultation and how we plan to own 90-day...
Read the articleApril 14, 2021
Our response to future oversight of the CMA’s open banking remedies
The Competition and Markets Authority’s (CMA) open banking remedies have been a driving force behind the development and growing use of open banking within the UK. Now as...
Read the articleMarch 04, 2021
Introducing Plaid Income: Delivering easier and faster income verification
Income, a new product currently in beta, makes it easier for applicants to prove their income in order to secure loans, qualify for mortgages, rent apartments, lease vehicles,...
Read the articleFebruary 25, 2021
Misconceptions of authentication and authorisation: why 90-day reauthentication does not work
Under PSD2, the concepts of access and consent are legally captured by authorisation and authentication; however, they only work as intended when the consumer first connects their payment...
Read the articleDecember 04, 2020
OBIE consultations on VRPs and sweeping
On 9 November 2020, the UK’s Open Banking Implementation Entity (OBIE) released its consultations on Variable Recurring Payments (VRPs) and Sweeping . PSD2 and Open Banking have...
Read the articleOctober 28, 2020
A call to action for fintech
After much anticipation , last week the Consumer Financial Protection Bureau (CFPB) released their Advanced Notice of Proposed Rulemaking (ANPR) on Dodd-Frank Section 1033. This announcement is...
Read the articleOctober 23, 2020
Our response to HMT’s Payment Landscape Review Call for Evidence
The payments landscape in the UK has changed drastically over the last few years with the introduction of PSD2 and Open Banking. As the UK government undertakes a...
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