Financial infrastructure Fintech Plaid Inc. achieved an $8 billion valuation in its recent funding round, according to ...

Despite its new, bigger headline number, Plaid is still valued at 40% below its $13.4 billion peak in 2021, when ultra-low interest rates drove a massive surge in fintech valuations.

AI driven fraud is exposing the limits of identity controls that were designed for point in time verification rather than continuous assurance.