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Plaid Launches API Exchange To Accelerate Open Banking And Digital Transformation

Data connectivity platform Plaid, recently acquired by payments giant VISA for $5.3 Billion – has another product to roll out: Plaid Exchange. According to Plaid, they will seek to provide banks wth “API connectivity in a box” – allowing them to leverage on secure tokenization for account connectivity and smarter scheduling for load management and data updates.

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