Backbase and Plaid partner to streamline bank data integration

Backbase, a provider of AI-powered banking platforms, has teamed up with financial data network Plaid to address data fragmentation in the banking sector. The collaboration will see Plaid’s real-time data connectivity incorporated into Backbase’s platform. This integration is intended to help banks simplify customer onboarding, consolidate account information, and provide personalised financial services. Backbase global vice president and ecosystem partnerships head Mayank Somaiya said: “Data is only v ...