Welcome to the Plaid Blog
February 09, 2023
Simplify international identity verification and grow your business
Verifying customers’ identities is critical for regulatory compliance and preventing fraud on your platform. But it is challenging for global digital finance businesses to conduct identity and risk...
December 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...
December 02, 2022
Innovating in the UK's credit information market - how Open Banking can help and why it matters
Open Banking is one of the main drivers of innovation in the credit information market, according to the Financial Conduct Authority (FCA). Twenty million people in the UK...
November 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...
October 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...
July 28, 2022
Building better bridges between crypto and traditional finance with Gemini
Together, Plaid and Gemini are building better bridges between the traditional finance and crypto ecosystems. Gemini is a cryptocurrency exchange and custodian that allows customers to buy, sell,...
July 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...
July 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...
June 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...
June 01, 2022
Plaid and Mollie join forces to simplify ecommerce for merchants across Europe
Today, Plaid is adding Mollie, one of Europe’s fastest growing payment service providers, to our Payment Partner Ecosystem. Together, we’ll provide SME merchants across the UK and...
May 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...
April 29, 2022
Partnering with payment service providers to enable the next generation of ecommerce in Europe
Plaid is adding three new partners to our Payment Partner Ecosystem to enable more vendors and merchants to leverage open banking in order to improve operations and lower...
March 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....
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.
January 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...