Plaid, the leading open-banking and data aggregation provider, announced it has collaborated with Western Union Co. to bring account-verification services to Western Union’s European customers. The partnership aims to simplify remittances and digital payments by leveraging Plaid’s open-banking system for account verification, ensuring swift and secure fund transfers across borders. Western Union customers will benefit from increased transaction thresholds, enabling them to send more money, more easily.
Plaid Brings Open-Banking Technology to Western Union in Europe
