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FinTechs Need Account Linking Transaction Capabilities
FinTechs tend to be quite a bit faster in their contracting and vendor management processes, but I can testify from my one time working at a bank the pain of dealing with onboarding a new vendor. Plaid is already through the procurement process of so many big financial institutions in the US has accelerated that deal cycle very, very considerably. And you know, what we're seeing is that a lot of larger fintechs who previously didn't have the capacity to experiment with new KYC methods or new anti-fraud methods are now much more willing to do so.