Plaid Appointed Payments and Financial Services Officer Cecilia Frew As head of open finance.
“In this role, Cecilia will be responsible for overseeing the evolving and dynamic relationship between Plaid and financial institutions as we move into a new era of digital finance,” Plaid said at PYMNTS on Friday (August 25). said in a statement emailed to
Flew joins the company EquifaxShe served there as senior vice president and general manager of the strategic financial services business, according to the announcement.
Prior to that, Mr. Flew served as Senior Vice President and Global Head. visa direct, where she led the global launch and commercialization of the product, according to a statement.in visaalso headed the US prepaid business.
Previously, Flue PNC Bank According to the announcement, he will become senior vice president of debit and prepaid products and customer benefits.
“I am thrilled to be joining this great company at this important time in the industry,” said Flue. post on LinkedIn.
In his new role at Plaid, Mr. Flue will oversee the company’s engagement with U.S. and Canadian financial institutions at a time when the industry is converging on establishing data connectivity standards and adopting digital finance. In a statement, Mr. Praid said.
“As open finance is legally codified, the dynamics between open finance companies like Plaid and the financial institutions we partner with will continue to bear fruit,” the company said. “Roughly one in three U.S. bank accounts now uses his Plaid, and many banks have the ability to build and deliver digital financial services that reach their customers wherever they are. We recognize that it is essential.”
In one recently announced development, cross river bank Expanded partnership with Plaid in July to offer to customers real time payment.
Cross River Bank enhances Plaid’s real-time offerings with this expanded partnership, following the April debut of its first real-time product, Instant Payouts on Plaid Transfer.
“By combining the strengths of our proprietary banking core and advanced APIs, [application programming interface] Plaid’s expertise in financial technology tools combined with technology will enable millions of Plaid customers to access their money when and where they need it. ” Adam Gollersaid Cross River’s head of fintech banking at the time.
