March 2017 Summaries

Our API has been upgraded with simplified endpoints, redesigned documentation and client libraries, a new sandbox, and native iOS integration for Link. These updates aim to make it easier to integrate Plaid into your app and empower users to control their financial data. The new sandbox allows for stateful testing, while updated docs provide clearer error messages and quickstart guides in multiple languages. Additionally, the API now supports rotating access tokens securely with a single request and includes improved security features across all platforms.

We are excited to announce Plaid Link for iOS, a native iOS SDK that simplifies the process of connecting with user bank accounts on mobile devices. The new SDK launches with all the same features and functionality as its JavaScript counterpart, including end-to-end tokenization of sensitive data and seamless MFA error handling. With just three steps, developers can integrate Plaid Link into their iOS applications using an embeddable framework that supports VoiceOver for accessibility. By simplifying the process of connecting with financial institutions, we aim to make it easier for developers to focus on building great applications rather than dealing with complex integration challenges.

We are excited to announce our new partnership with Ellie Mae, a leading mortgage company in the United States, aiming to digitize a historically manual element of the mortgage application process. This integration will enable lenders on the platform to offer borrowers the option to digitally verify assets via Plaid in real time, reducing the average 500 pages of paperwork and 30+ day processing time. Our partnership seeks to deliver inclusive lending solutions for a broader set of borrowers by providing reliable and timely data, allowing lenders to differentiate themselves with a more seamless application process. We're looking forward to helping shape the future of digital mortgage through this collaboration.