[kaiuhl]

I work at one of the companies that integrated Financial Connections during its beta, moving from Plaid Auth. We use the link to bank accounts for instant account verification and as a fraud signal for ACH payments. However, we definitely can’t do a better job than Stripe could at risk analysis, provided they had access to metadata on the bank account when processing the payment and could provide insights from their entire platform. Now they do.

I’d guess the big benefit here, besides taking some of Plaid’s existing customers, is what’s possible now that Connections lives alongside the other things Stripe offers like ACH, loans, and identity verification.