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Webster Bank Implements Prolific Banking's FI-Streams Connector to Enable Commercial Client Financial Data Connectivity

  • Webster Bank has launched on Prolific Banking's FI-Streams Connector to enhance financial data connectivity.
  • The integration utilizes Plaid's FDX-aligned API specification & Core Exchange to enable secure access to account information, transaction history, & authentication features.
  • Commercial customers can now link their accounts to over 7,000 apps & services on the Plaid network, including accounting platforms & treasury management tools.
  • Prolific Banking's technology team collaborated with Webster Bank to design a custom-configured connector tailored to specific commercial banking workflows.
  • The system features platform-native authorization that synchronizes with Webster Bank's digital banking platform for account entitlements & user authorization.
  • Adam Hoffman of Webster Bank stated the partnership helps meet the growing demand for connected banking experiences without sacrificing security.
  • Scott Graf of Prolific Banking emphasized that data integration is key to their open digital operating model for tech-savvy customers.
  • Aly Yarris of Plaid noted that Core Exchange provides a direct, secure path for financial institutions to access the Plaid network.
  • The implementation supports real-time synchronization while maintaining institutional customization & security controls for commercial clients.
  • Webster Financial Corporation, founded in 1935, is a values-driven organization with over $80 billion in assets headquartered in Stamford, CT.
  • Prolific Banking, founded in 2020 & headquartered in Atlanta, Georgia, offers a cloud-native commercial banking layer that unifies treasury & open APIs.