Backbase Partners With Plaid To Improve Banking
Backbase and Plaid announced on Feb. 16 a partnership combining Plaid's financial-data connectivity with Backbase's AI-powered banking platform to tackle data fragmentation in banking. The collaboration is designed to speed customer onboarding, aggregate account data and enable personalized financial journeys, and the solution is available now worldwide via Backbase's website.
Scoring Rationale
Official partnership delivers practical data-connectivity solution for banks, offering immediate utility but limited novelty beyond sector consolidation.
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Sources
- Read OriginalPlaid and Backbase Team on Faster Bank Customer Onboardingpymnts.com
