Plaid has released new features and updates across various products in March 2023, including improvements to Identity Verification, Transfer, Balance & Identity, Credit Underwriting, Personal Finance Insights, Open Finance, and Wallet Onboard. The company has enhanced its risk decisioning capabilities with granular risk data from the Plaid Identity Verification API, introduced Instant Payouts via Real-Time Payments for Transfer, optimized systems to reduce latency for Balance and Identity by 50-80%, and improved credit underwriting with Document Fraud detection and Enhanced Income Verification. Additionally, Plaid has expanded its merchant attributes and counterparty insights for personalized user experiences, introduced a unique ID for common merchants in the Enrich API response, and upgraded its Core Exchange API spec to align with FDX v5.1.