Fresh Takes on the Visa Acquisition of Plaid

Writing his weekly column in Forbes Ron Shevlin of Cornerstone Advisors talks about a few different points of view when looking closely at Visa’s acquisition of Plaid; while most have heralded the acquisition there are many in the market that see some problems with the deal and where Visa might be headed; thinking that this will accelerate open banking in the U.S. is wrong as the real problem with open banking in the U.S. is many competing parties with their own interests; big banks have already woken up to the fintech wave, some even starting shutting Plaid out in recent months and are starting to develop their own data sharing platforms; Shevlin lays out the short term, Visa and Plaid will operate as is; the medium term, Visa will create a revenue share scheme; the long term, Plaid becomes a distribution channel for Visa. Forbes

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.