Innovation within the financial services industry has unlocked new opportunities and solutions for consumers. Open finance — a global movement to put data back in the hands of customers — gives consumers more control over their finances and exciting ways to manage them.
To stay ahead of this trend, financial institutions and fintech companies need to secure customer data, especially when giving consumers the ability to link bank accounts.
Okta and Plaid’s mission is to standardize Identity by driving the adoption of OAuth, which enables end users to grant third parties secure access to their data without sharing their credentials. Now, with a combined solution, you can provide authentication, authorization, and aggregation of shared-data securely and seamlessly.
With Okta and Plaid, see how you can:
Increase conversion rates with end users
Simplify buying process and configuration
Provide consumers with seamless and secure experiences
Are you in the open finance ecosystem and looking to increase security?
Let’s talk. We’re eager to help you discover an easy, fast, and customizable way to implement Identity.
Plaid is an API-first network leading the next evolution of open finance. Today, more than 2,100 institutions have access to API based data connectivity via Data Connectivity solutions including Plaid Exchange and Core Exchange. More than 27 million connections have been made with our open finance solutions. Plaid powers the digital finance solutions that enable millions of people to live healthier financial lives. Trusted by 7,000+ of the world’s leading companies and connected to 12,000+ financial institutions across the US, Canada, UK, and Europe, Plaid’s mission is to unlock financial freedom for everyone.
Okta is the World’s Identity Company. As the leading independent Identity partner, we free everyone to safely use any technology—anywhere, on any device or app. The most trusted brands trust Okta to enable secure access, authentication, and automation. With flexibility and neutrality at the core of our Okta Workforce Identity and Customer Identity Clouds, business leaders and developers can focus on innovation and accelerate digital transformation, thanks to customizable solutions and more than 7,000 pre-built integrations. We’re building a world where Identity belongs to you. Learn more at okta.com.
Okta is positioned as a Leader in the 2022 Gartner® Magic Quadrant™ for Access Management for the sixth consecutive year, and ranks as the highest on Ability to Execute for the second year in a row.