Sandbox Banking and Plaid partner to strengthen identity verification and elevate banking solutions.
In brief:
- Sandbox Banking and Plaid, a data network powering the digital financial ecosystem, have announced a partnership that strengthens automated identity verification, addressing key challenges in the financial industry.
- By combining strengths, financial institutions can create a comprehensive and secure ecosystem that integrates the Virtual Call Center, IVA (intelligent virtual assistant), IVR (interactive voice response) with the core banking software.
- Customer360 seamlessly integrates customer data across platforms, ensuring real-time updates while Plaid Identity Verification strengthens onboarding processes, preventing identity theft and ensuring secure account creation.
What does this mean?
“Our collaboration marks a pivotal moment in the evolution of financial technology, uniting two industry leaders to drive innovation, elevate end user experiences, and reinforce security measures,” expressed Kelsey Saia, VP of Partnerships at Sandbox Banking. “Bolstering the era of digital transformation in banking, this partnership is shaping a tech experience that is not only secure and efficient but also aligned with the dynamic needs of modern account holders and institutions alike.”
