Plaid Connect

Highlights

• ✔️Plaid Connect Verifies Bank Account Data Inside Salesforce Instantly verify a bank account within Salesforce. You can validate an account holder’s name, balance, and status based upon real-time information from thousands of Plaid supported banks.
• ✔️View Real-Time Bank Data in Salesforce Instead of PDFs or screenshots, you can now view current transaction history, latest account balances and recent activity within Salesforce environment. This allows you to make informed decisions with confidence.
• ✔️Verify Bank and Credit Accounts Across Plaid Banks With access to thousands of Plaid supported banks, you can verify checking, savings, credit card and investment accounts from all major regions on a single workflow within your Salesforce environment.
• ✔️Verify Income via Payroll and Bank Deposits in Salesforce Validate income using either payroll connections or recurring bank deposits. Now verify income for W-2 employees, freelancers or mixed earners without requiring paystubs or contacting employers.
• ✔️Verify User Identity with Plaid in Salesforce You can identify any user in Salesforce with Plaid’s document, face, and phone verification. This helps you detect fraud early in the onboarding process when validating user identity across 190+ countries.
• ✔️Speed Up Customer Onboarding with Plaid Bank Linking Remove any friction from customer onboarding process by securely linking bank accounts within seconds. This eliminates manual follow-ups, reduces review time, and improves user completion rates.
• ✔️Prevent Failed Payments via Real-Time Bank Data   • Check real-time balance of account before making a transfer   • Verify the availability of funds prior to initiating ACH transaction   • Use real-time bank data to reduce NSF fees and failed payments
• ✔️Set Up Plaid Integration Directly and Securely in Salesforce   • Plaid integration is set up directly in Salesforce   • Bank credentials are never stored in Salesforce   • All tokenized/encrypted connections are designed with regulatory compliance
• ✔️Flexible Foundation for Financial Workflows   • Supports lending, fintech, and payments use cases   • Expand from bank verification to include income, identity or ACH   • Designed to support growing Plaid Salesforce integration requirements