Onboard with ease
Switch to API-based data sharing on Plaid’s FDX-aligned infrastructure—trusted by thousands of institutions.
Connect with confidence
Give customers consistent app connectivity while minimizing cost and infrastructure load.
Manage with precision
Stay in control with real-time insights across every data connection.
66% of consumers
would consider switching banks if connectivity wasn’t possible
Under 6 weeks
to get API integration live
Accelerate your move to open finance
Go live with a secure, FDX-aligned API and connect customers to top finance apps. Onboard quickly with teams and tools to support you at every step.
- Best-in-class FDX validator and implementation expertise
- Built to scale across 9,000+ apps
- Streamlined onboarding with developer-first tools
Reliable app connectivity. Reliable customer experiences.
Connectivity gaps cause churn. Keep every connection live and every customer experience seamless with real-time traffic management.
- Reduced infrastructure load by consolidating redundant API calls
- Reliable access to thousands of apps and fintechs
- Built-in controls for transparency and customer trust
Gain visibility and control across every connection
Track and manage every consumer-permissioned connection with real-time insights designed for data partners.
- System-wide visibility with an integration health dashboard
- Live notifications and authorization tracking
- App-level insights for connection quality, conversion, and risk management
"It was a no-brainer for us to adopt versus build. We went with Plaid because it already has the member experience and UI/UX that we wanted, which was providing a seamless onboarding process."
Jigar Khatri
open banking & api tech leader
Over 20% reduction
in member complaints
customer stories
See what’s possible with open finance
- Alliant Credit Union saw a 20% reduction in member complaints Read the story
- Varo got a 60% lift in activations with Plaid-linked accounts Read the story
- MSUFCU boosted connection health 400%+ in 90 days Read the story
- Wethos integrated and launched in under 6 weeks with Plaid. Read the story
Your questions, answered
What is open finance?
Open finance is a framework that enables consumers to securely share their financial data with apps they trust using permissioned access.
What is open banking?
Open banking is a model for consumers to securely share data from bank accounts, primarily focused on checking and savings accounts.
How is open finance different from open banking?
Open finance includes more types of financial data—beyond just bank accounts—like loans, credit, investments, and insurance.
What is FDX?
FDX (Financial Data Exchange) is an organization that creates and maintains standards for secure, consumer-permissioned financial data sharing via APIs.
Why is open finance important for institutions and fintechs?
Open finance is important because it enables secure access to the apps customers use every day—helping build trust and reduce friction.
How does Plaid help financial institutions adopt FDX standards?
Plaid helps institutions adopt FDX standards by offering an FDX-aligned API specification, implementation support, and onboarding tools through Core Exchange.
How do I build or integrate an FDX-aligned API with Plaid?
To build an FDX-aligned API with Plaid, use Core Exchange and developer-first tools to onboard quickly and connect to 10,000+ apps.
How does Plaid ensure reliable, secure data access for API-based institutions?
Plaid ensures reliable, secure API-based data sharing for these institutions through traffic management tools, encrypted infrastructure, and real-time visibility into every connection.
What does Plaid offer to manage and monitor data connections?
Plaid offers tools like the Data Partner Dashboard, Permissions Manager, App Directory, and Aggregator Token for real-time connection management, monitoring, and control.