BankConnector vs Plaid
| BankConnector | Plaid | |
|---|---|---|
| Free plan | No | No |
| Free trial | No | Yes |
| Paid from | — | — |
| Open source | No | No |
| Platforms | — | Android, api, iOS, Web |
| Free plan | No | No |
| Bank/institution count | 295 banks | — |
| Supported data types | payments, payment statuses, incoming transactions, balances, daily statements, intraday statements | account and routing numbers, balances, identity, transactions, investments, liabilities, income, statements |
| Connection methods | EBICS, SFTP, Danske Bank Webservice, Nordea Corporate Access, OP Webservice, Bank Connect | Plaid Link credentials-based authentication, OAuth, app-to-app OAuth, and manual or micro-deposit flows |
| Refresh frequency | real_time | on_demand |
| Statement formats | pain.001, pain.002, camt.052, camt.053, camt.054, MT940, normalized JSON, CSV | |
| Multi-entity support | Yes | — |
Both are listed in Best Bank Connectivity Software. On Inferse, Plaid scores higher on our published basis.