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Personetics partners with Plaid to help banks win account primacy with Open Finance Intelligence. Personetics, the AI Cognitive Banking Platform, today announced a partnership with Plaid, the data network powering the digital financial ecosystem. The integration gives banks and credit unions something they've rarely had before: a comprehensive view of a customer's financial life, combining their own account data with transactions, liabilities, investments, and related financial activity from wherever a customer's money lives. That broader view turns fragmented financial data into actionable insights, helping institutions better understand what customers need and how to engage them at the right moments. The integration combines on-CUbroadcast and open banking data to give Personetics a more complete understanding of a customer's financial life. Personetics applies proven AI models, informed by years of experience helping financial institutions translate financial data into actionable engagement, to surface personalized financial insights, recommendations, and next best actions. Delivered directly within the bank's existing digital channels, these experiences help customers better understand their finances and take meaningful action. For banks and credit unions, the joint solution combines Plaid's open banking connectivity with Personetics' personalized engagement capabilities through a single integration path. The solution turns the data into actionable, personalized experiences that help financial institutions deepen customer relationships and remain at the center of their customers' financial lives. The outcomes follow: deposits retained rather than lost to other accounts, primacy reinforced over time, and new openings for cross-sell as a fuller financial picture comes into view. For consumers, this means a smarter, more personalized banking experience. Bringing together data from connected accounts helps consumers save more, avoid unnecessary fees, manage debt, and make more informed financial decisions, all within the digital banking experience they already use. Tools such as Personetics' Engagement Builder can help turn these open banking insights into personalized, needs-based campaigns, such as identifying opportunities to consolidate debt, reduce fees, or increase savings. "Banks and credit unions have spent years trying to earn a bigger share of their customers' financial lives, and open banking finally gives them a real way to do it," said Udi Ziv, CEO of Personetics. "When we can bring in data from accounts a customer holds elsewhere, we can surface insights that reflect their full financial picture and help them take smarter action based on it, not just what's sitting in one account. That's what builds primacy over time, and it's why we see this as such a natural fit with Plaid." Beyond a comprehensive set of ready-to-deploy Open Finance Intelligence, Personetics enables banks and credit unions to turn Plaid data into actionable, personalized experiences at scale. Through Engagement Builder, financial institutions can design and launch their own custom insights, triggers, and personalized engagement journeys, without having to build AI models from scratch. This flexibility allows them to quickly create differentiated experiences, from identifying debt consolidation opportunities and reducing fees to increasing savings and targeted financial guidance based on each customer's complete financial picture. "Financial institutions want to serve the whole customer via their own digital platforms. Historically, customers couldn't stay within those platforms and get a 360o view of their finances through a purpose-built UX," said Adam Yoxtheimer, Head of Partnerships at Plaid. "That's why we are excited to partner with Personetics, who have designed experiences that live within those platforms, enabling financial institutions to identify opportunities and take action across their customers' financial lives, not just what flows through a single account." By combining Plaid's open finance connectivity with Personetics' AI-driven personalization, the two companies are giving banks and credit unions a more complete way to understand their customers and act on that understanding through personalized experiences within the primary account relationship.

Ditch the spreadsheets: how bank feeds protect your time and financial accuracy. Contents. Ready to streamline your invoicing experience? Try TrulySmall(TM) Invoices for free! As a small business owner, your time is your most valuable asset. Every hour spent manually entering expenses or reconciling income is an hour taken away from growing your business or serving your clients. Even worse? Manual data entry is the leading cause of bookkeeping errors, which can lead to costly mistakes come tax season. At TrulySmall, TrulySmall believe that bookkeeping should be effortless, accurate, and secure. That's why TrulySmall has built its accounting platform around the power of automated bank feeds. Here is how connecting your bank accounts to TrulySmall can transform the way you manage your finances, and why you can trust its platform to keep your data safe. The power of true financial accuracy. Connecting your bank accounts to TrulySmall Accounting removes the risk of input errors entirely. Instead of typing out line items from a paper statement or toggling between windows to copy and paste data, its system pulls your transactions directly from your financial institution. By using standardized bank codes, TrulySmall automatically categorizes and properly accounts for your various expenses and income streams. You get a real-time, crystal-clear picture of your cash flow without ever touching a spreadsheet. Ironclad security through Plaid. TrulySmall know that connecting your bank to a new software can feel daunting. Security and privacy are paramount when it comes to your financial data, especially when you are setting up for the first time. To guarantee bank-level security, TrulySmall partners with Plaid to seamlessly connect your financial accounts to its platform across the US and Canada. Plaid is the global industry standard for secure financial data networks, trusted by thousands of the world's leading financial apps. What does this mean for your security? * Your credentials stay completely hidden: Your banking username and password are required by your bank to verify your identity, but they are never stored or shared with TrulySmall. * Read-only data access: TrulySmall only import your transaction history so TrulySmall can automate your bookkeeping. TrulySmall cannot move your money, make transfers, or alter your bank account in any way. * Secure re-authentication: If your bank ever requires a periodic security check, TrulySmall will simply alert you in your dashboard. You can quickly re-authenticate through Plaid's encrypted portal in seconds. Effortless setup in minutes. TrulySmall designed TrulySmall to be as intuitive as possible. You do not need an accounting degree or bookkeeping background to get started. Linking your bank takes only a few clicks: * Connect directly from your dashboard: If you haven't linked an account yet, simply click the "Connect Your Bank Now" prompt at the top of your Dashboard. * Import your historical data: Before you connect, check your Transaction Start Date by going to Settings > Business Details. TrulySmall will automatically pull your past transactions as far back as your bank allows, ensuring your historical records are accurate without any manual backfilling. You can also use the File Upload method to backfill any timeline that predates the feed. * Total control over your accounts: Once connected, you choose exactly which individual accounts to link. If you have a personal checking account at the same bank, simply toggle the connection off. Only the accounts you explicitly authorize will sync with your business. Put your bookkeeping on autopilot. Once your accounts are linked, the magic happens in TrulySmall Accounting. Your transactions will automatically appear categorized, balanced, and posted on the Transactions page. Prefer to maintain a hands-on approach? No problem. You can easily disable the Auto-post feature in your settings. Your imported transactions will simply queue up in your Inbox, ready for you to quickly review and approve them before they hit your official ledger. Ready to take back your time? You didn't start your business to become a bookkeeper. By connecting your bank accounts to TrulySmall Accounting, you are choosing financial accuracy, enterprise-grade security, and peace of mind. Let its automated feeds handle the heavy lifting, so you can get back to doing what you do best. Try TrulySmall today and see how easy it can really be!

Vikar technologies integrates Plaid for bank account opening. * home * Vikar technologies integrates Plaid for bank account opening. Vikar Technologies, a New Jersey-based provider of account opening and lending software for community banks and credit unions, has entered a technology partnership with Plaid to embed the data network's authentication and identity verification capabilities directly into its platform. The integration covers three functions: real-time external account authentication, document-based identity verification, and identity match, which cross-checks that the name on the applicant's identity document corresponds to the name on the funding account. The practical effect is that a community bank running Vikar no longer needs to route its onboarding workflow through a separate identity or payments tool. Account authentication replaces trial deposit delays at the point of account opening. The identity verification layer draws on what Plaid describes as authoritative data signals to support Bank Secrecy Act and anti-money-laundering compliance. The identity match step adds a fraud check at the same moment, without requiring a staff member to conduct a manual review. Glenn Bolstad, founder and chief executive of Vikar, said the two friction points historically slowing account opening had been funding authentication and identity verification. "By embedding Plaid directly into the Vikar platform, we're removing that friction entirely and helping banks fund accounts faster, verify customers more confidently, and reduce the manual work that slows onboarding down." Market context. The community banking segment is under sustained pressure from digital-native challengers and large retail banks, both of which have invested heavily in sub-five-minute account opening journeys. For institutions below the top tier, the answer is typically a third-party platform rather than bespoke technology investment, which explains the commercial logic of Vikar's integration strategy. Plaid, for its part, has expanded well beyond its original personal-finance aggregation roots and now positions itself as infrastructure for payments and identity across a wide range of financial applications. The identity verification and KYC tooling market has attracted significant investment, with providers including Jumio, Onfido and Socure competing for financial institution contracts alongside Plaid. What distinguishes the Vikar approach is the emphasis on embedding within a unified workflow rather than adding a point solution. For a community bank already running Vikar for loan origination and treasury, the Plaid integration removes a handoff rather than adding a vendor. Regulatory read-across. BSA/AML compliance is a live concern for US community banks. The Financial Crimes Enforcement Network has continued to update its customer due diligence expectations, and regulators have signalled close attention to whether digital account opening controls are equivalent to branch-based processes. An integrated identity verification step that creates an auditable record at account opening is commercially attractive partly because it reduces regulatory exposure. In the UK context, a parallel debate is under way around the FCA's consumer duty and digital onboarding standards, though Vikar's current market is the United States. The company said it will continue expanding its network of integrated partners. Near-term, the milestones to watch are whether named financial institution clients go live on the Plaid-integrated workflow and whether Vikar publishes measurable outcomes, such as reductions in time-to-fund or manual review rates, that would allow independent assessment of the integration's impact.