ID.me and Plaid Announce Partnership to Strengthen the Integrity and Speed of Government Benefit Payments
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MCLEAN, Va. and SAN FRANCISCO, Sept. 15, 2026 /PRNewswire/ -- ID.me , the next-generation digital identity wallet simplifying how individuals securely prove their identity online, and Plaid, a data network powering the digital financial ecosystem, today announced a partnership that enables government agencies to verify both the person requesting a benefit and the associated financial account receiving it, in one place. By combining ID.me's digital identity wallet with Plaid's financial account verification tools, agencies are able to check that the account receiving a payment belongs to the verified recipient before funds move, with ID.me verifying the person and Plaid verifying the bank account. This partnership benefits both state and federal agencies as they work to consolidate legacy capabilities, reduce technical duplication, and improve citizen access. Agencies have spent years strengthening identity verification, yet the systems for confirming where the money lands haven't kept pace. A claimant can clear a federal-standard identity check and then enter a bank account that is not theirs. Unemployment insurance improper payments reached $5.6 billion in fiscal year 2025, a rate of 14.9 percent and the fourth consecutive year above the federal standard, according to the Government Accountability Office. These long-standing capabilities make confirming bank details a...
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