Plaid is a fintech company and developer of software designed to make it easy for consumers to connect their financial accounts with the apps and services they want to use.
A group of fintech and security compliance companies, including Plaid, MX and Flinks, are setting up a framework designed to strengthen how they protect consumer financial information.
After Visa's deal to acquire Plaid fell through as a result of regulatory pressure, the data aggregator found new fintech partners including Square and Dwolla to support an account-to-account transfer service.
