Welcome to the Plaid Blog
December 17, 2020
Authenticate payments faster with QR codes
You can now use QR codes to simplify consumers’ financial lives. When making a bank payment in the UK, a user becomes subject to SCA safeguards. On desktop,...
December 16, 2020
Curve and Plaid team up to make money easier
Today, we’re joining forces with Curve to help give people in the UK a holistic view of their money, make the most of their spending, and improve their...
December 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...
November 03, 2020
Improving the UK’s rental experience one tenant at a time
In recent years, developments in open banking and fintech have enabled consumers to manage their financial lives in new and creative ways. These include simple, convenient solutions designed...
October 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...
October 07, 2020
Building a better future for UK savers
There’s no financial sector in the UK in greater need of innovation than pensions. Every working individual in the union is automatically enrolled in a pension scheme, making...
September 11, 2020
FCA registration and how Plaid can help
In January of 2018, the revised Payment Services Directive (PSD2) went into effect across the UK and Europe. This opened up the banking industry to new players, promoting...
September 04, 2020
PSD2 and GDPR: are they enough for open finance?
2018 was a milestone year for data regulation in the UK and Europe, with the implementation of both the revised Payment Services Directive (PSD2) and the General Data...
June 10, 2020
Open finance and the future of digital financial services
It’s only been a few years since the introduction of Open Banking and PSD2, but in Europe and the UK policy makers are already beginning to explore what...
May 22, 2020
Moving from Open Banking to Open Finance
In December 2019, the Financial Conduct Authority (FCA) launched an industry consultation on Open Finance , which explores how open-banking type access could be extended to other sectors...
May 14, 2020
Reviewing open banking on a global stage
Consumer/SME demand and government mandates are opening up the global banking sector. But we’re still seeing a variety of approaches to structuring open banking systems, with differing...
May 07, 2020
Open-banking-as-a-service: what does that actually mean and how does it work?
Over the past two years, the UK and Europe’s payments’ industry has seen two key developments: the revised Payment Services Directive (PSD2); and Open Banking. Both have led...
April 29, 2020
Open banking: Should I build or partner?
Since the introduction of the revised Payment Services Directive (PSD2) and Open Banking in 2018, the payments sector in the UK and EU has exploded. Every day you...
