Plaid Launches in France, Spain, and Ireland

#1

Post by charleyma » Thu, Nov 21, 2019, 5:00 PM UTC

Plaid Launches in France, Spain, and Ireland
blog.plaid.com

Re: Plaid Launches in France, Spain, and Ireland

#2

Post by maerF0x0 » Thu, Nov 21, 2019, 5:28 PM UTC

Wow, congratulations to the team! Amazing to break through regulatory barriers and make new things possible.

Re: Plaid Launches in France, Spain, and Ireland

#3

Post by wbrasky » Thu, Nov 21, 2019, 5:28 PM UTC

I read that as "Paid lunches"

Re: Plaid Launches in France, Spain, and Ireland

#4

Post by namdnay » Thu, Nov 21, 2019, 6:06 PM UTC

maerF0x0 wrote: post #2

Wow, congratulations to the team! Amazing to break through regulatory barriers and make new things possible.

Why break? They’re leveraging PSD2, not breaking it

Re: Plaid Launches in France, Spain, and Ireland

#5

Post by hadrien01 » Thu, Nov 21, 2019, 6:07 PM UTC

Does anyone have the list of banks supported? On their website they only link to their WS to fetch them instead of a simple list

Re: Plaid Launches in France, Spain, and Ireland

#6

Post by StavrosK » Thu, Nov 21, 2019, 6:14 PM UTC

I've been using Plaid for a toy project for a while, and, while it works well, what surprised me the most was their support. I had an issue with my bank not sending me SMS and their support was quick and helpful, responding to my problem with actual feedback rather than canned responses.

Now that I'm saying this, I realize what a low bar our current support climate has set, but Plaid is great on that regardless.

Re: Plaid Launches in France, Spain, and Ireland

#7

Post by vsuqf » Thu, Nov 21, 2019, 6:23 PM UTC

And what is that? From the front page, "Plaid is the easiest way for users to connect their bank accounts to an app." Why would I want to do that? This smells like an attempt of bringing the concept of a credit score to Europe, is that what it is?

Re: Plaid Launches in France, Spain, and Ireland

#8

Post by toomuchtodo » Thu, Nov 21, 2019, 6:31 PM UTC

namdnay wrote: post #4

maerF0x0 wrote: post #2

Wow, congratulations to the team! Amazing to break through regulatory barriers and make new things possible.

Why break? They’re leveraging PSD2, not breaking it

Thanks Europe for using regulation (PSD2) to open up banking to fintech startups. Would anyone be interested in joining me in championing similar legislation in the US through congressional representatives, the Federal Reserve, and FDIC?

Re: Plaid Launches in France, Spain, and Ireland

#9

Post by justinhj » Thu, Nov 21, 2019, 6:33 PM UTC

vsuqf wrote: post #7

And what is that? From the front page, "Plaid is the easiest way for users to connect their bank accounts to an app." Why would I want to do that? This smells like an attempt of bringing the concept of a credit score to Europe, is that what it is?

Nope. It provides an API so that you can make apps that can do things like read your bank statement, get the balance, and many other things.

Re: Plaid Launches in France, Spain, and Ireland

#10

Post by burgerzzz » Thu, Nov 21, 2019, 6:33 PM UTC

I've been really impressed by Plaid's service, but also the level of customer support they provide. I have been experiencing issues connecting CapitalOne accounts in the Plaid test environment. I let them know, and got a long, thought out response, and I'm not even a paying customer yet.

Congrats Plaid!