Plaid: Taps VGS for tokenization

Plaid: Taps VGS for tokenization

  • Plaid is used by thousands of digital financial apps and services like Betterment, Expensify, Microsoft, and Venmo
  • VGS a company focused on protecting the world’s sensitive data, enabling innovation while ensuring security and privacy
  • Tokenization can help protect PII and sensitive data from being exposed and used for nefarious purposes
  • VGS will provide tokenization of PII and financial data vaulting services for customers
  • This will help ensure end-to-end data security for customers by seamlessly integrating VGS services alongside APIs
  • VGS separates the value extraction from the actual custodianship of that sensitive data
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating...

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...

Spektr Strengthens Compliance Efforts with $20M Funding

Fintech startup Spektr secures $20 million for AI-driven compliance solutions.Highlights: Spektr raises $20 million to enhance its AI...