Plaid

User selects their bank via Plaid Link.

Plaid Auth verifies account and routing numbers instantly.

Plaid Balance checks for sufficient funds.

Transfer is initiated via Plaid Transfer API.

Applicant connects bank account via Plaid Assets.

Plaid Income verifies employment and salary history.

Plaid Transactions calculates monthly recurring expenses.

AI generates a risk profile and decisioning recommendation.

App uses Plaid Transactions to aggregate all user accounts.

Plaid Enrich cleans transaction data for clarity.

App categorizes spending using Plaid's taxonomy.

Real-time alerts are sent via webhooks for large purchases.

Plaid Identity compares bank account holder name with app user name.

Plaid Signal analyzes the risk of the connection attempt.

Identity verification (IDV) is triggered if a mismatch is detected.

Access is blocked or flagged for manual review.

Plaid Transactions scans for recurring merchant identifiers.

App identifies active subscriptions and their monthly costs.

User selects subscriptions to cancel or renegotiate.

App monitors for the cessation of the recurring transaction.

Client links brokerage accounts via Plaid Investments.

Advisor platform pulls real-time stock and mutual fund holdings.

Platform calculates asset allocation and tax-loss harvesting opportunities.

Automated rebalancing is suggested based on the aggregated view.

Worker connects their gig platform (e.g., Uber, DoorDash) via Plaid Income.

Plaid retrieves historical earnings directly from the platform.

Plaid normalizes the data into a steady-state income projection.

Verification report is shared with the landlord or lender.