Last week Plaid announced the launch of Plaid Direct, their new tool that allows both banks and fintech platforms to integrate more easily with Plaid; this is a real step forward for open banking in the U.S. as it provides easier and more seamless access to data which in turn means a better and more secure user experience for consumers; old and inefficient data aggregation methods like screen scraping can become a thing of the past. Source.
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Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.
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