Plaid is expanding its platform to deliver a full-stack onboarding experience for businesses, introducing Plaid Identity Verification (IDV) and Monitor - a complete verification, AML, and KYC compliance solution available in early access. With IDV, customers can verify identities in as little as 30 seconds while fighting sophisticated threats like synthetic identity fraud. The solution handles all forms of verification methods, including authoritative data source, documentary, and liveness checks, and supports more than 16,000 document types through a single integration with Plaid. Monitor automates the verification process, removing manual reviews or intervention, and ensures AML compliance by scanning customers against regularly updated government lists using proprietary data enrichment and international name matching algorithm. The solution is built on Cognito's industry-leading ID verification technology, having already verified over 100 million identities and screened more than 700 million unique identities against government watchlists.