Earlier today, payments giant Stripe announced a new product that fills in some significant gaps in its play to be the financial services layer for merchants and other businesses whose models are ...

The expansion, announced at the Plaid Forum event, is notable because Stripe recently announced Financial Connections, letting its customers connect direct to their customer's bank accounts.

If this sounds familiar, it’s because it is pretty much exactly what another fintech giant, Plaid, already does. And the move by Stripe positions the company directly against Plaid, a former ...

If this sounds familiar, it’s because it is pretty much exactly what another fintech giant, Plaid, already does. And the move by Stripe positions the company directly against Plaid, a former partner.