Introducing Beacon

Plaid introduces Beacon, an anti-fraud network designed to mitigate repeat fraud against businesses, protect consumers, and create a safer digital finance ecosystem. With Beacon, fintechs and financial institutions can share real-time information securely across the ecosystem to identify compromised identity information and prevent fraudulent activities. The network is accessible to all fintechs and financial services providers, helping them detect threats early and protect their customers from various types of fraud. By partnering with Plaid, businesses gain valuable insights that contribute to a more secure digital finance environment.