Plaid officially expands into identity and income verification, fraud prevention and account funding

Fintech decacorn Plaid is expanding beyond its core product of account linking — its first major expansion since its 2013 inception.
In conjunction with its “Plaid Forum” event, the startup today unveiled a number of “product enhancements and new initiatives,” which include moving into identity and income verification, fraud prevention and providing new tools for account funding and disbursements.
The move comes two weeks after payments giant Stripe announced it was encroaching on Plaid’s territory with a new product of its own. 
In a blog post entitled “Ushering in fintech’s

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