Business
Xactus Announces Strategic Partnership with Plaid to Expand Intelligent Verification Options for Mortgage Lenders
Xactus, a fintech and market leader in verification solutions for the mortgage industry, today announced a new strategic partnership with Plaid, a global financial data network. The collaboration will bring Plaid's FCRA-compliant Verification of Assets (VOA) solution, to Xactus360, expanding the platform's intelligent verification capabilities for mortgage lenders.
About this update from Plaid Inc.
[{"type":"text","content":"Partnership will add Plaid's Verification of Assets solution to Xactus360, the industry's first Intelligent Verification Platform SM .","length":144,"tagName":"p"},{"type":"text","content":"PHILADELPHIA, Oct. 20, 2025 /PRNewswire/ -- Xactus, a fintech and market leader in verification solutions for the mortgage industry, today announced a new strategic partnership with Plaid, a global financial data network. The collaboration will bring Plaid's FCRA-compliant Verification of Assets (VOA) solution, to Xactus360, expanding the platform's intelligent verification capabilities for mortgage lenders.","length":419,"tagName":"p"},{"type":"image","alt":"Xactus logo (PRNewsfoto/Xactus)","displaySize":"","headline":null,"caption":"Xactus logo (PRNewsfoto/Xactus)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":167,"url":"https://media.zenfs.com/en/prnewswire.com/9085c60bf642b7ece3f04a6d09572bc8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/4pfX_glvlbDnpWcu_oSUjg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI5NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/9085c60bf642b7ece3f04a6d09572bc8","width":400,"height":167}},"href":"https://mma.prnewswire.com/media/2753074/xactus_logo_color_rgb_pos_png_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The integration, once developed, will make it easier for lenders to leverage Plaid's familiar and secure account linking experience which delivers conversion rates as high as 80% in lending flows. Once a consumer consents to share their bank account data, lenders can access a comprehensive VOA Report with up to 2 years of categorized inflows and outflows, average account balances, asset derived income, and more while maintaining compliance and data integrity across the mortgage process.","length":495,"tagName":"p"},{"type":"text","content":""Plaid is one of the most recognized and trusted fintech platforms in the world, and their verification technology is already used by one in two Americans with bank accounts," said Thomas Lloyd, Chief Strategy Officer at Xactus. "By bringing Plaid's VOA solution into Xactus360, we are giving lenders another powerful option within our Intelligent Verification Platform that makes verification faster, simpler, and smarter for both lenders and consumers."","le...