Newsletter - June 2022

Plaid has introduced new products and features to help with AML and KYC compliance obligations, including Identity Verification and Monitor, which provide a complete verification solution, and Guarantee Beta, which guarantees settlement for ACH transactions. The company also launched an improvement to Update Mode, Transactions, and Auth, enabling faster conversion rates and improved customer experiences. Additionally, Plaid has introduced category rules for Transactions, allowing users to provide personalized financial experiences, and Auth Type Select, giving customers the flexibility to choose their preferred authentication method. Users are also encouraged to upgrade to the latest Link SDKs to provide an optimal experience for their customers.

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