Plaid is currently investigating a service disruption impacting connections to Bank of America accounts. The incident is classified as major impact, with API calls through Plaid affected across all channels and data recipients.
Plaid is a financial data platform that enables applications to connect securely with users' banking institutions. The service is widely used by fintech apps, personal finance tools, and financial institutions to access account information and facilitate payments.
According to Plaid's official status page, Bank of America is experiencing downtime impacting all channels. The company noted that API calls routed through Plaid are affected as a result. Plaid stated it will provide an update once Bank of America has resolved the underlying issue.
This is a developing story. The Downtime will continue to monitor and provide updates as more information becomes available.
