BANK CONNECT – Easiest way to authenticate bank account, verify income and pull bank data.

The easiest way to authenticate bank account, verify income and pull bank data.

Plaid connect is a native Salesforce application which enables consumers to easily authenticate bank account which enables lenders and business to verify the identity, income and pull bank transaction data.

  • Instantly authenticate accounts –
    Retrieve account and routing numbers when users connect their checking or savings accounts using bank credentials
  • Connect accounts from any US bank –
    Set up ACH transfers from any bank or credit union in the US
  • Snapshot of a user’s finances –
    Retrieve a consolidated summary showing account balances, historical transactions, and account holder identity information
  • Enable account pre-funding –
    Enable pre-funding of accounts with insight into balances
  • Reduce overdrafts and NSF fees –
    Protect against overdraft and NSF fees by having visibility into available funds before you transfer
  • Transaction insights –
    Review clean transaction data that includes category, location, and merchant name—data is standardized across institutions
  • Understand income and verify employment
  • Enable pre-funding of accounts with insight into balances
  • Understand a user’s investments –
    Gain insight into a user’s investment accounts, including account balances, holdings, and transactions that create a change in a holding
  • The full breadth of account types –
    Connect investment account types—from brokerage and retirement account, 529s and HSAs.
  • App provides borrowers with an easy, streamlined loan experience; and lenders with access to bank data to make informed loan decisions.
  • The app reduces administrative time by giving users an easier way to connect their financial accounts to your software or app.
  • The App speeds up account onboarding and supports ongoing payments for checking, savings, credit card, and brokerage accounts.