William Hockey, Founder/President of Plaid – Enabling Innovation in Transaction Data Transmission for Financial Services
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 28 September 2017
⏱️ 19 minutes
🧾️ Download transcript
Summary
Whether you're a small developer or a large Fortune 500 company, getting consumers to interact with your app or engage in transactions is the key to your success.
Plaid helps to connect 3rd party applications to user's bank accounts, in order to streamline transactions made through those applications, and verifies user identities at set up. It can also help send transaction data to bookkeeping applications.
This helps to prevent fraud, by not only verifying that users are who they say they are, but also verifying that companies that use their technology–including big banks, Venmo, Square, and Coinbase–are legitimate. In the future, they hope to expand to 100% coverage of financial services companies and consumers in the US.
For more information, visit www.plaid.com.
Transcript
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| 0:45.5 | Welcome to Almost Here, Round the Corner of Future Technology Podcasts with Richard Jacobs. |
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| 1:10.1 | Hello, this is Richard Jacobs with Future Tech Podcast. My guest today is William Hockey, current president of plaid.com, P-L-A-R-A-R-D. William, how you doing? Pretty good. Pretty good. Thanks for having me. Yeah, let's start off directly. What is Platt about? What do you guys do? |
| 1:28.0 | Yeah, awesome. |
| 1:28.7 | Thanks for having us. |
| 1:30.0 | So I guess for context, I'm William, I'm the founder and president of Flatt. |
| 1:34.9 | And what we do is we focus on enabling innovation and financial services. |
| 1:39.9 | And what that means is we build a platform that enables anybody, whether you're a small developer or a large company, to actually build on top of the existing financial services stack. |
| 1:50.5 | So if you think about any time you need to interact with your finances or interact with your bank, we're probably the technology that powers that. |
| 1:57.4 | And so whether you use something like, you know, Square or Venmo or Stripe or Coinbase, |
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