Plaid, a leading platform that enables API connectivity, has been expanding its reach by migrating traffic to APIs for financial institutions such as Capital One, JPMorgan Chase, and Wells Fargo, among others. The company has also collaborated with Finastra to give account holders streamlined access to fintech apps. Additionally, Plaid has signed agreements with several major institutions to enable API connectivity for their consumers. The platform is helping customers navigate the shift to real-time payments using RTP and FedNow, and improving the Link experience by making it faster and easier for users to connect their accounts. Furthermore, Plaid has introduced Beacon, a new anti-fraud network designed to help stop the chain reaction of fraud that occurs when identities are stolen and accounts are compromised. The company is also being used by banks and credit unions to deliver value and improve customer engagement through banking personalization, with results such as higher retention rates for customers who connect with Plaid. Overall, Plaid's efforts aim to enhance digital experiences for consumers and financial organizations, while promoting the shift to API connectivity and real-time payments.