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RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

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Plaid

🌎 plaid.com

Plaid is a data network that powers the tools millions of people rely on to live a healthier financial life. It enables companies to build fintech solutions by facilitating the connection between users' financial accounts and various apps and services. Founded in 2013 and headquartered in San Francisco, Plaid works with thousands of companies, including major banks and fintech apps like Venmo and SoFi, covering over 12,000 financial institutions across the US, Canada, UK, and Europe.

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Plaid - Latest News and Updates

• Plaid is introducing new features to simplify the use of open finance data for AI developers.
• Plaid showcased a billboard in Times Square last week to highlight its role in enhancing financial services for over half of banked Americans, facilitated by a partnership with Brex.
• MoneyBot5000 launched a new Spending Tracker powered by Plaid to provide users with real-time, automated insights into their spending.
• Plaid is using Google's Notebook LM for new hire onboarding, industry and product training, and digesting complex information.
• Plaid is exploring the integration of the Model Context Protocol (MCP) to enhance AI-driven interactions between financial apps and bank accounts, potentially improving operational workflows.

• Plaid showcased a billboard in Times Square to emphasize its role beyond fintech app connections, highlighting its impact on over half of banked Americans' financial lives.
• Plaid's Head of Policy for Europe, Martijn Bos, discusses the FCA's 2025-2030 vision for open banking and finance in the UK, highlighting VRPs and open finance as transformative for consumers.
• Plaid is currently seeking a Gaming Licensing Specialist in the United States.

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