All Insights|Future Nexus
fintechJanuary 9, 2020

An in Depth Look at Plaid, the Company Powering Most Open Banking Interactions in the US

In the age of open banking, personal information is now being shared across many different institutions; the company powering this in the US is Plaid which now integrates with around a quarter of US bank accounts; while Plaid might be known in the fintech community, consumers aren’t aware of the interactions which Plaid is powering; open banking brings into question who actually owns your banking data; Kate Rooney from CNBC explores this issue and more in a video featuring Karen Mills (Senior Fellow, Harvard Business School) and Zach Perret (Co-Founder & CEO, Plaid). CNBC