Introducing Plaid Layer: The future of secure instant financial experiences

Plaid has introduced a new platform called Layer, designed to provide secure, instant financial experiences for users. The platform aims to meet modern consumer expectations by transforming how people use financial services, starting with onboarding. Layer helps satisfy KYC requirements and link bank accounts, reducing the time it takes for someone to sign up for an app by nearly 90%. Companies like Possible Finance and Empower are already seeing improved user experiences and conversion improvements. The platform is built with high security measures and can be customized to meet unique onboarding needs of different companies. Layer fundamentally reimagines how people interact with financial services, starting with onboarding on iOS, Android, and desktop.