Plaid Adds Direct Deposit Switching Services Partner
You can now use direct deposit switching to allow lenders to verify your income through pay stubs, bank statements and payroll data. Plaid has chosen Pinwheel to provide complementary payroll data services for customers of its Income product and has chosen the payroll-focused intermediary software firm as a preferred provider for direct deposit switching services.To enhance the Income product, Pinwheel will provide consumer-permissioned payroll data that allows lenders to verify their borrowers'
Source: yahoo.com
