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The size of the financial commitments was not disclosed, but they add to a $425 million fundraising round that the data aggregator announced earlier this year.
August 17 -
The San Francisco data aggregator has committed to minimizing how much data it extracts from bank accounts.
August 6 -
Banks should favor the development of U.S. data rules that let them freely share consumer information with, and receive it from, fintechs. The alternative, where banks merely send data to third parties for a fee, would be less competitive and less beneficial for all parties.
August 4Plaid -
Banks should let consumers download their account data and transfer it to other financial providers, according to a new presidential order. Some experts argue aggregators are already making this happen, but others say the directive implies more consumer control.
July 12 -
It's the latest move in an industry shift toward more secure sharing of bank account data with fintechs and away from screen scraping.
May 13 -
As the bureau writes data-sharing rules, the third-party firms that work with fintechs say oversight by the agency would be more efficient — and better for consumers — than being policed by their bank partners.
February 12 -
The three banks have joined others in a program endorsed by The Clearing House that aims to make data-sharing agreements with aggregators like Plaid and Finicity work more effectively.
January 26 -
Now that the data aggregator is no longer joining forces with the card network, it’s on to plan B, which includes developing better relationships with banks.
January 19 -
The Pittsburgh bank says the data aggregator deceptively uses PNC's logo in obtaining bank customers' login credentials.
December 23 -
As it attempts to craft policy on access to consumers’ financial account information, the agency is wading into a battle between those who want data to flow more freely and those who prioritize security.
November 12