All Insights|Future Nexus
fintechFebruary 5, 2020

Plaid CEO Opens Up on Customer Data and Privacy

Plaid CEO Zach Perret is in favor of banks allowing customers to have control over access of their data; Plaid has already enabled customers to have better management of their data through partnerships with JPMorgan and Wells Fargo; Perret stressed the importance of consumers being both aware of connections that exist and the ability to turn them on and off; the functionality may exist in multiple areas, but Perret noted this functionality could also exist in Plaid itself; Business Insider shares more details how Plaid worked with both JPMorgan Chase and Wells Fargo. Business Insider