A new partnership has been formed between financial infrastructure technology provider, PortX, and data network provider, Plaid. This collaboration aims to revolutionize data sharing capabilities and enhance financial data management for PortX’s clients. By combining PortX’s digital core banking integration experience with Plaid’s industry-leading capabilities for connecting data between applications and bank accounts, the partnership will improve personalized services and deepen financial insights. This partnership sets the stage for increased participation in open banking initiatives, allowing financial institutions to securely share financial data through APIs. The collaboration aims to propel the financial services industry into a new era of digital transformation and customer-centric solutions.
PortX + Plaid: Boosting FinTech innovation & data connectivity with style.
Latest from News
Fintech booming with $350 billion growth in sector.
TLDR: The fintech sector has grown substantially, amassing over $350 billion in venture capital from 2019 to 2023. Start-ups are capitalizing on digital finance
Catch the latest fintech news in a quick weekly rundown.
TLDR: Bankjoy and nCino announce new partnerships in the fintech industry Significant funding and collaboration news in payments, lending, open banking, wealth management, and
Ameetee secures $1M funding for fintech startup.
TLDR: Ameetee, a fintech startup, has raised $1 million in seed funding to launch a B2B platform for securitizing shares in private companies. The
MTN Boosts Fintech in Africa, the Largest Wireless Carrier.
Article Summary TLDR: MTN Group Ltd. increased fintech transaction volumes by a third last year. MTN now has 72.5 million active users of its
Top fintechs prioritize this function equal to innovators and engineers.
TLDR: Key Points: Fintech success is a combination of innovation, engineering, and compliance. Compliance officers are crucial for the long-term success of fintech companies.