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OpenAI and Anthropic Integrate Financial Services via Plaid API

1 report, 1 independent Updated Fri 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

OpenAI launched a feature called Finances in ChatGPT for Pro subscribers in the United States in May, later extending it to Plus subscribers in late June. This feature allows users to connect bank, card, and investment accounts through the Plaid service. Concurrently, Anthropic is testing a 'Money' section in its Claude iPhone app that enables users to link bank accounts and discuss spending and plans. The Anthropic feature is not available in the web version and is not supported for Jamaican bank accounts.

From jamaicaobserver.com

Why it matters

Some supportBrind's analysis of the reports

The two companies are integrating financial services into their offerings, utilizing the Plaid API to connect to over 12,000 financial institutions. This move sees the two largest AI companies entering the financial services market through consumer applications.

From jamaicaobserver.com

Who's involved

  • OpenAIOffering financial services integration in ChatGPT via the Plaid API.
  • PlaidFinancial technology company providing the API infrastructure for financial service connections.
  • AnthropicTesting a comparable financial services feature within its Claude iPhone application.

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The entities involved

Coverage

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