Aptech, provider of customizable financial-management software for single hotels or multi-property/multi-brand enterprises, announces an integration with Plaid, a data network powering the digital financial ecosystem. By connecting Aptech’s PVNG enterprise accounting solution to the Plaid platform, properties will achieve seamless and secure access to thousands of financial accounts for financial reconciliation.
Latest Fintech Interview: Global Fintech Interview with Paul Monk, Chief Executive Officer at Alpha Development
“Plaid’s powerful data network is powering the fintech tools that millions of people rely on to live a healthier financial life,” said Cam Troutman, Aptech Vice President. “We are leveraging that expertise to create a secure connection between a hotel’s desired financial institution and Plaid – the same engine driving Chime, SoFi and many others. PVNG will import and match transactions via Plaid (and its 8,000+ apps and services across the digital banking ecosystem) for simplified, automated bank reconciliation. We believe that we are one of the first – if not the first – hospitality company with this connective relationship.”
Read More About Fintech Interview: Global Fintech Interview with Michael Rangel, Founder and CEO at Novo
Plaid’s network covers 12,000 financial institutions across the U.S., Canada, UK and Europe. It prioritizes the security of users’ financial data and employs industry-standard encryption protocols for the highest levels of data protection. By integrating with Plaid, hotels running on PVNG can leverage their security measures and minimize the risk associated with handling sensitive financial information.
Browse The Complete Interview About Fintech : Global Fintech Interview with Sankaet Pathak, CEO at Synapse
[To share your insights with us, please write to sghosh@martechseries.com]
