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Visa's Plaid deal shows you can teach an old dog new tricks

Jan 16, 2020 - American Banker

The fintech community was both surprised and energized by recent news thatVisa plans to acquirePlaid, one of the nation's largest fintech platforms for financial data analytics.

The industry was surprised because no one knew that such a deal was in the works, and energized because the transaction demonstrates that open banking and aggressive "platformization" really are the future of financial services.

Thiscombination will give Plaid'sgrowing stable of fintech customers preferred ac...