Plaid is focusing on enabling bank payments for various use cases such as pay-by-bank, bill pay and account funding. The company has made significant improvements in streamlining user experience for instant access to apps through its Auth product. Additionally, Plaid introduced Beacon, an anti-fraud network that helps combat fraud at scale by ensuring users are trusted and reducing risk throughout the user journey. Furthermore, Plaid Transfer was built with multi-rail complexity in mind, enabling access to payment rails with a single API and using a complex algorithm for routing payments efficiently.