Plaid verification is a service provided by Plaid, a fintech company that facilitates communication between financial services apps and users’ banks and credit card providers. Plaid verification allows companies to verify user identities using bank data with just a few lines of code. Plaid authenticates users financial information, permitting companies to transfer sensitive information securely. Plaid uses multifactor authentication (MFA), which gives an added layer of security to the transmission of financial data. Plaid claims to use best-in-class encryption protocols to protect user data during transmission and never shares personal information unless it has permission to do so. Plaids software sits as an intermediary between users bank or credit card accounts and other financial companies’ apps. Plaid currently connects with a variety of large bank and credit card companies including Bank of America, Wells Fargo, American Express, and U.S. Bank.