22 June 2022
Written By FinTech Alliance in Payments
Open banking FinTech Plaid has partnered with Royal Bank of Canada (RBC) to offer API led connectivity.
In Brief:
RBC customers will be able to share their financial data through an API.
Data will be shared across the services on Plaid’s network.
The data access agreement removes the need for credential sharing.
What does this mean?
RBC says the API integration will result in “increased security and better protection of clients’ privacy”.
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