Overview

Plaid’s Assets API provides an efficient solution to retrieve users' financial data to support lending, underwriting, and risk management processes. It consolidates account balances, historical transaction data, and account holder information into a unified snapshot. This API is useful for financial institutions, lenders, and fintech developers who require accurate and reliable financial data to assess creditworthiness, manage risk, or enable more informed decision-making.

Features and Capabilities

• Provides real-time access to a user’s account balances.
• Consolidates transaction history for a comprehensive financial snapshot.
• Offers standardized data across multiple institutions for easier review.
• PSD2-compliant, ensuring secure access to the European financial ecosystem.
• Allows consumers to control and review shared financial data.
• Supports integration with various financial services for lending and underwriting.