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