Know your customer
Verify a customer’s identity, assess risk factors, and get notified if they’re associated with fraud on other platforms
Automate AML compliance
Identify money mules and politically exposed persons with automated global watchlist screening
Enhance your risk program with ML-powered predictive scoring that flags risky ACH transactions and helps prevent costly returns
Prevent account takeovers during onboarding or when the source of funds is switched. With Identity, you can verify bank account details to confirm source of funds or understand payer and payee risk.
Create dynamic payments flows, with less risk. Use Signal’s machine learning to generate real-time, connected insights at scale so you can determine the risk of fraud and prevent returns during each ACH transaction.
Prevent fraud from spreading across the ecosystem. Get notified each time a customer's identity is associated with fraud anywhere in the Plaid Beacon Network.
Uphold improved the customer experience and reduced return losses by 73%.
Since switching to Plaid, Varo Bank reported a 50% decrease in fraudulent returns.
Zip used Plaid to lower the time spent reviewing alerts by nearly 80%.
Since switching to Plaid, Stash saw a 19% jump in customers funding their accounts.
Verify users’ identities, improve signup conversion rates, reduce fraud, and comply with KYC rules
Stop the chain reaction and prevent fraud from proliferating across apps with a collaborative anti-fraud network.
Scan your customer list daily against anti-money laundering (AML) and politically exposed persons (PEP) lists.
Verify users and reduce account takeover fraud by matching user data with what’s on file at the financial institution.
Make funds available faster with transaction risk assessments that minimize the risk of ACH returns.