### 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

[Explore onboarding](https://plaid.com/products/core-exchange/)

### 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

[Explore API reliability](https://plaid.com/blog/open-finance-aggregator-token/)

### 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

[Explore connection management](https://plaid.com/blog/open-finance-trust-security/)

"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](https://plaid.com/customer-stories/alliant-credit-union/)
- Varo got a 60% lift in activations with Plaid-linked accounts
  [Read the story](https://plaid.com/customer-stories/varo/)
- MSUFCU boosted connection health 400%+ in 90 days
  [Read the story](https://plaid.com/customer-stories/msufcu/)
- Wethos integrated and launched in under 6 weeks with Plaid.
  [Read the story](https://plaid.com/customer-stories/wethos-unit/)

### 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.