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PlaidPartnership

ID.me and Plaid Announce Partnership to Strengthen the Integrity and Speed of Government Benefit Payments

What happened

Plaid and ID.me have partnered to enable government agencies to verify both the person requesting a benefit and the associated financial account receiving it in one place.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

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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Extracted by Autobound

From the Signal API record
Event
Partnership

What this signalsA new partnership often opens integration and co-selling work.

Takes effect
Sep 15, 2026
Location
San Francisco, California, United States

Companies

  • ID.mePartnerid.me

More partnership signals at other companies

The full record

From the Signal API record

Extraction

Confidence
90%
Detected
Sep 15, 2026
signal_type
news
signal_subtype
partners_with

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/9773f42c-4f5a-c779-69bf-8ea1bf784687 returns this record as JSON. POST /v1/companies/enrich returns every signal for plaid.com.

{
  "signal_id": "9773f42c-4f5a-c779-69bf-8ea1bf784687",
  "signal_type": "news",
  "signal_subtype": "partners_with",
  "detected_at": "2026-09-15T16:06:00+00:00",
  "company": {
    "name": "Plaid",
    "domain": "plaid.com"
  },
  "data": {
    "url": "https://www.prnewswire.com/news-releases/idme-and-plaid-announce-partnership-to-strengthen-the-integrity-and-speed-of-government-benefit-payments-302879363.html",
    "title": "ID.me and Plaid Announce Partnership to Strengthen the Integrity and Speed of Government Benefit Payments",
    "excerpt": "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...",
    "summary": "Plaid and ID.me have partnered to enable government agencies to verify both the person requesting a benefit and the associated financial account receiving it in one place.",
    "location": "San Francisco, CA, USA",
    "planning": false,
    "image_url": "https://mmx.prnewswire.com/media/MS1988818/ID-me-PLAID.jpg?id=OA2950025&p=facebook",
    "confidence": 0.9,
    "published_at": "2026-09-15T16:06:00Z",
    "location_data": [
      {
        "city": "San Francisco",
        "state": "California",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "effective_date": "2026-09-15",
    "article_sentence": "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.",
    "related_company_name": "ID.me",
    "related_company_domain": "id.me"
  }
}

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