Plaid and ID.me Team to Strengthen Benefit Payment ID Checks

Plaid and digital identity wallet ID.me launched a benefits payments partnership , according to a Thursday (Sept. The collaboration is designed to combine ID.me’s wallet with Plaid’s financial account verification tools, letting government agencies confirm that the account receiving a payment belongs to the verified recipient before money is sent, per the release. “This partnership benefits both state and federal agencies as they work to consolidate legacy capabilities, reduce