# Codat, Plaid vs Mastercard Open Banking (formerly Finicity) Comparison

| | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Star Rating** | 4.6 out of 5 | 4.2 out of 5 | 3.7 out of 5 | 
| **Total Reviews** | 28 | 43 | 9 | 
| **Largest Market Segment** | Small-Business (68.0% of reviews) | Small-Business (63.2% of reviews) | Small-Business (77.8% of reviews) | 
| **Entry Level Price** | Free | No pricing available | varies by API and volume | 

---
## Top Pros & Cons

### Codat

**Not enough data**

### Plaid

Pros:
- Ease of Use (12 reviews)
- Easy Integrations (6 reviews)

Cons:
- System Errors (5 reviews)
- Access Limitations (4 reviews)

### Mastercard Open Banking (formerly Finicity)

Pros:
- Ease of Use (2 reviews)
- API Usability (1 reviews)

Cons:
- Delays in Process (1 reviews)

---
## Ratings Comparison
| Rating | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
  | **Meets Requirements** | 8.9 (19 reviews) | 8.5 (33 reviews) | 8.1 (7 reviews) | 
  | **Ease of Use** | 8.6 (18 reviews) | 8.8 (33 reviews) | 7.2 (6 reviews) | 
  | **Ease of Setup** | 8.5 (8 reviews) | 8.9 (16 reviews) | 8.9 (6 reviews) | 
  | **Ease of Admin** | 8.6 (7 reviews) | 8.5 (9 reviews) | Not enough data | 
  | **Quality of Support** | 9.1 (19 reviews) | 7.9 (29 reviews) | 7.0 (5 reviews) | 
  | **Has the product been a good partner in doing business?** | 8.8 (7 reviews) | 7.6 (9 reviews) | Not enough data | 
  | **Product Direction (% positive)** | 10.0 (18 reviews) | 8.2 (32 reviews) | 8.1 (6 reviews) | 

---
## Pricing

### Codat

#### Entry-Level Pricing

Plan: Free

Price: Free

Description: Try and test Codat for free

Key Features:
- Access to test all accounting, banking and commerce integrations
- Create and test live integrations for up to 50 companies
- Test the Codat API with realistic unlimited sandbox data

[Browse all 2 editions](https://www.g2.com/products/codat/pricing)

#### Free Trial

No

### Plaid

#### Entry-Level Pricing

No pricing available

#### Free Trial

No information available

### Mastercard Open Banking (formerly Finicity)

#### Entry-Level Pricing

Plan: Finicity Pay

Price: varies by API and volume

Description: Finicity Pay™ is our integrated set of data services that accurately verifies account details, account owner(s), and balances at lightning speed.

Key Features:
- Account Details
- Account Owner(s)
- Balances

[Browse all 3 editions](https://www.g2.com/products/mastercard-open-banking-formerly-finicity/pricing)

#### Free Trial

No

---
## Features Comparison By Category

### Fraud Detection

| Product | Score | Reviews |
|---|---|---|
| **Codat** | N/A | N/A |
| **Plaid** | N/A | N/A |
| **Mastercard Open Banking (formerly Finicity)** | N/A | N/A |

#### Detection

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Payment Verification** | Not enough data | Not enough data | Not enough data | 
| **Bot Mitigation** | Not enough data | Not enough data | Not enough data | 
| **Real-Time Monitoring** | Not enough data | Not enough data | Not enough data | 
| **Alerts** | Not enough data | Not enough data | Not enough data | 

#### Analysis 

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **ID Analytics** | Not enough data | Not enough data | Not enough data | 
| **Intelligence Reporting** | Not enough data | Not enough data | Not enough data | 
| **Incident Reports** | Not enough data | Not enough data | Not enough data | 

#### Administration

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Fraud Markers** | Not enough data | Not enough data | Not enough data | 
| **Transaction Scoring** | Not enough data | Not enough data | Not enough data | 
| **Blacklisting** | Not enough data | Not enough data | Not enough data | 

#### Agentic AI - Fraud Detection

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Cross-system Integration** | Not enough data | Not enough data | Not enough data | 
| **Adaptive Learning** | Not enough data | Not enough data | Not enough data | 
| **Decision Making** | Not enough data | Not enough data | Not enough data | 

### Mobile Banking

| Product | Score | Reviews |
|---|---|---|
| **Codat** | N/A | N/A |
| **Plaid** | N/A | N/A |
| **Mastercard Open Banking (formerly Finicity)** | N/A | N/A |

#### Platform Additional Functionality

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Mobility** | Not enough data | Not enough data | Not enough data | 
| **Dashboard** | Not enough data | Not enough data | Not enough data | 
| **Payment** | Not enough data | 9.7 (5 reviews) | Not enough data | 
| **Cloud** | Not enough data | Not enough data | Not enough data | 

#### Platform Interoperability

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **API** | Not enough data | Not enough data | Not enough data | 
| **Pre-Built Connectors** | Not enough data | Not enough data | Not enough data | 

#### Agentic AI - Mobile Banking

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Autonomous Task Execution** | Not enough data | Not enough data | Not enough data | 
| **Multi-step Planning** | Not enough data | Not enough data | Not enough data | 
| **Cross-system Integration** | Not enough data | Not enough data | Not enough data | 
| **Adaptive Learning** | Not enough data | Not enough data | Not enough data | 
| **Natural Language Interaction** | Not enough data | Not enough data | Not enough data | 
| **Proactive Assistance** | Not enough data | Not enough data | Not enough data | 
| **Decision Making** | Not enough data | Not enough data | Not enough data | 

### Address Verification

| Product | Score | Reviews |
|---|---|---|
| **Codat** | N/A | N/A |
| **Plaid** | N/A | N/A |
| **Mastercard Open Banking (formerly Finicity)** | N/A | N/A |

#### Management

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Scheduled Data Checks** | Not enough data | Not enough data | Not enough data | 
| **Reporting** | Not enough data | Not enough data | Not enough data | 

#### Functionality

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Address Verification** | Not enough data | Not enough data | Not enough data | 
| **Automation** | Not enough data | Not enough data | Not enough data | 
| **Cleansing** | Not enough data | Not enough data | Not enough data | 
| **International Verification** | Not enough data | Not enough data | Not enough data | 

### Biometric Authentication

| Product | Score | Reviews |
|---|---|---|
| **Codat** | N/A | N/A |
| **Plaid** | N/A | N/A |
| **Mastercard Open Banking (formerly Finicity)** | N/A | N/A |

#### Integration

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Uses Open Standards** | Not enough data | Not enough data | Not enough data | 
| **Mobile SDK** | Not enough data | Not enough data | Not enough data | 
| **Workforce Authentication** | Not enough data | Not enough data | Not enough data | 
| **Customer Authentication** | Not enough data | Not enough data | Not enough data | 

#### Administration

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Encryption** | Not enough data | Not enough data | Not enough data | 
| **Audit Trails** | Not enough data | Not enough data | Not enough data | 
| **Regulatory Compliance** | Not enough data | Not enough data | Not enough data | 

### Payment Processing

| Product | Score | Reviews |
|---|---|---|
| **Codat** | N/A | N/A |
| **Plaid** | N/A | N/A |
| **Mastercard Open Banking (formerly Finicity)** | N/A | N/A |

#### Payment Processing

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Encryption** | Not enough data | Not enough data | Not enough data | 
| **Credit Card Processing** | Not enough data | Not enough data | Not enough data | 
| **Mobile Payments** | Not enough data | Not enough data | Not enough data | 
| **Digital Wallet Integration** | Not enough data | Not enough data | Not enough data | 

#### Administration

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Reporting &amp; Analytics** | Not enough data | Not enough data | Not enough data | 
| **E-commerce Integration** | Not enough data | Not enough data | Not enough data | 
| **Processing Fees** | Not enough data | Not enough data | Not enough data | 
| **POS Integration** | Not enough data | Not enough data | Not enough data | 
| **Omnichannel** | Not enough data | Not enough data | Not enough data | 
| **Levels 1 &amp; 2** | Not enough data | Not enough data | Not enough data | 
| **Level 3** | Not enough data | Not enough data | Not enough data | 

#### Payment Options

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Multi-Currency** | Not enough data | Not enough data | Not enough data | 
| **Online payment portal** | Not enough data | Not enough data | Not enough data | 

#### Security

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **POS Verification** | Not enough data | Not enough data | Not enough data | 

#### Platform

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Accounting integration** | Not enough data | Not enough data | Not enough data | 
| **E-commerce Integration** | Not enough data | Not enough data | Not enough data | 

### E-Commerce Data Integration

| Product | Score | Reviews |
|---|---|---|
| **Codat** | N/A | N/A |
| **Plaid** | N/A | N/A |
| **Mastercard Open Banking (formerly Finicity)** | N/A | N/A |

#### Development 

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Pre-built Connectors** | Not enough data | Not enough data | Not enough data | 
| **Custom Connectors** | Not enough data | Not enough data | Not enough data | 

#### Management 

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Reporting and Analytics** | Not enough data | Not enough data | Not enough data | 
| **Data Mapping** | Not enough data | Not enough data | Not enough data | 

#### Integration Options

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **ERP Systems** | Not enough data | Not enough data | Not enough data | 
| **Accounting Systems** | Not enough data | Not enough data | Not enough data | 
| **CRM and Marketing Automation Systems** | Not enough data | Not enough data | Not enough data | 
| **EDI** | Not enough data | Not enough data | Not enough data | 

### Digital Mortgage Closing

| Product | Score | Reviews |
|---|---|---|
| **Codat** | N/A | N/A |
| **Plaid** | N/A | N/A |
| **Mastercard Open Banking (formerly Finicity)** | N/A | N/A |

#### Core Functionality

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **eSignature** | Not enough data | Not enough data | Not enough data | 
| **eNote** | Not enough data | Not enough data | Not enough data | 
| **eVault** | Not enough data | Not enough data | Not enough data | 
| **eNotarization** | Not enough data | Not enough data | Not enough data | 

#### Document Management

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Document Preview** | Not enough data | Not enough data | Not enough data | 
| **Document Library** | Not enough data | Not enough data | Not enough data | 

#### Interoperability

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **MERS Integration** | Not enough data | Not enough data | Not enough data | 
| **LOS Integration** | Not enough data | Not enough data | Not enough data | 

#### Agentic AI -  Digital Mortgage Closing

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Proactive Assistance** | Not enough data | Not enough data | Not enough data | 

### Anti-Money Laundering (AML)

| Product | Score | Reviews |
|---|---|---|
| **Codat** | N/A | N/A |
| **Plaid** | N/A | N/A |
| **Mastercard Open Banking (formerly Finicity)** | N/A | N/A |

#### Fraud Detection

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Name Matching** | Not enough data | Not enough data | Not enough data | 
| **Watch List** | Not enough data | Not enough data | Not enough data | 
| **Scoring** | Not enough data | Not enough data | Not enough data | 
| **E-filing** | Not enough data | Not enough data | Not enough data | 
| **Workflows and Alerts** | Not enough data | Not enough data | Not enough data | 

#### Compliance

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Due Dilligence** | Not enough data | Not enough data | Not enough data | 
| **Regulations and Jurisdictions** | Not enough data | Not enough data | Not enough data | 
| **Internal Policies** | Not enough data | Not enough data | Not enough data | 

#### Monitoring

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Models** | Not enough data | Not enough data | Not enough data | 
| **Simuation** | Not enough data | Not enough data | Not enough data | 
| **Transaction Monitoring** | Not enough data | Not enough data | Not enough data | 
| **Segmentation** | Not enough data | Not enough data | Not enough data | 
| **QA** | Not enough data | Not enough data | Not enough data | 

#### Reporting

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Compliance Reports** | Not enough data | Not enough data | Not enough data | 
| **Suspicious Activity** | Not enough data | Not enough data | Not enough data | 
| **Real-Time Dashboards** | Not enough data | Not enough data | Not enough data | 

#### Generative AI - Anti Money Laundering

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Risk Scoring** | Not enough data | Not enough data | Not enough data | 
| **Pattern Recognition** | Not enough data | Not enough data | Not enough data | 

#### Agentic AI - Anti Money Laundering

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Adaptive Learning** | Not enough data | Not enough data | Not enough data | 
| **Decision Making** | Not enough data | Not enough data | Not enough data | 

### Unified APIs

| Product | Score | Reviews |
|---|---|---|
| **Codat** | N/A | N/A |
| **Plaid** | N/A | N/A |
| **Mastercard Open Banking (formerly Finicity)** | N/A | N/A |

#### Integrations

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Integration Breadth** | Not enough data | Not enough data | Not enough data | 
| **Data Processing** | Not enough data | Not enough data | Not enough data | 
| **Ease Of Integration** | Not enough data | Not enough data | Not enough data | 

#### Support

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Documentation** | Not enough data | Not enough data | Not enough data | 
| **Professional Support** | Not enough data | Not enough data | Not enough data | 
| **Community Support** | Not enough data | Not enough data | Not enough data | 

### Banking as a Service (BaaS)

| Product | Score | Reviews |
|---|---|---|
| **Codat** | N/A | N/A |
| **Plaid** | N/A | N/A |
| **Mastercard Open Banking (formerly Finicity)** | N/A | N/A |

#### Connectivity

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **APIs** | Not enough data | Not enough data | Not enough data | 
| **Cards** | Not enough data | Not enough data | Not enough data | 
| **Accounts** | Not enough data | Not enough data | Not enough data | 
| **White-labeling** | Not enough data | Not enough data | Not enough data | 

#### Compliance

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Reporting** | Not enough data | Not enough data | Not enough data | 
| **Onboarding** | Not enough data | Not enough data | Not enough data | 

#### Agentic AI - Banking as a Service (BaaS)

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Decision Making** | Not enough data | Not enough data | Not enough data | 

### Core Banking

| Product | Score | Reviews |
|---|---|---|
| **Codat** | N/A | N/A |
| **Plaid** | N/A | N/A |
| **Mastercard Open Banking (formerly Finicity)** | N/A | N/A |

#### Agentic AI - Core Banking Features

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Autonomous Task Execution** | Not enough data | Not enough data | Not enough data | 

### Identity Verification

| Product | Score | Reviews |
|---|---|---|
| **Codat** | N/A | N/A |
| **Plaid** | N/A | N/A |
| **Mastercard Open Banking (formerly Finicity)** | N/A | N/A |

#### Identity Verification Functions - Identity Verification

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Multi-Method Verification** | Not enough data | Not enough data | Not enough data | 
| **AI Document Check** | Not enough data | Not enough data | Not enough data | 
| **Biometric Face Match** | Not enough data | Not enough data | Not enough data | 
| **Integration Options** | Not enough data | Not enough data | Not enough data | 
| **Workflow Orchestration** | Not enough data | Not enough data | Not enough data | 

#### Risk &amp; Fraud Prevention - Identity Verification

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Liveness Detection** | Not enough data | Not enough data | Not enough data | 
| **AI Risk Scoring** | Not enough data | Not enough data | Not enough data | 
| **Document Forensics** | Not enough data | Not enough data | Not enough data | 

#### Compliance &amp; Governance - Identity Verification

| Feature | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Standards Compliance** | Not enough data | Not enough data | Not enough data | 
| **AML/PEP Screening** | Not enough data | Not enough data | Not enough data | 
| **Global Coverage** | Not enough data | Not enough data | Not enough data | 

---
## Categories
**Shared Categories (1):** [Financial Data APIs](https://www.g2.com/categories/financial-data-apis)

**Unique to Codat (2):** [E-Commerce Data Integration Software](https://www.g2.com/categories/e-commerce-data-integration), [Unified APIs Software](https://www.g2.com/categories/unified-apis)

**Unique to Plaid (8):** [Unified APIs Software](https://www.g2.com/categories/unified-apis), [Identity Verification Software](https://www.g2.com/categories/identity-verification), [Biometric Authentication Software](https://www.g2.com/categories/biometric-authentication), [Anti-Money Laundering Software](https://www.g2.com/categories/anti-money-laundering), [Address Verification Tools](https://www.g2.com/categories/address-verification), [Fraud Detection Software](https://www.g2.com/categories/fraud-detection), [Mobile Banking Software](https://www.g2.com/categories/mobile-banking), [Underwriting &amp; Rating Software](https://www.g2.com/categories/underwriting-rating)

**Unique to Mastercard Open Banking (formerly Finicity) (6):** [Identity Verification Software](https://www.g2.com/categories/identity-verification), [Mobile Banking Software](https://www.g2.com/categories/mobile-banking), [Payment Processing Software](https://www.g2.com/categories/payment-processing), [Digital Mortgage Closing Software](https://www.g2.com/categories/digital-mortgage-closing), [Banking as a Service (BaaS) Software](https://www.g2.com/categories/banking-as-a-service-baas), [Core Banking Software](https://www.g2.com/categories/core-banking)


---
## Reviewer Demographics

### By Company Size

| Segment | Codat | Plaid | Mastercard Open Banking (formerly Finicity) | 
|---|---|---|---|
| **Small-Business** | 68.0% | 63.2% | 77.8% | 
| **Mid-Market** | 24.0% | 21.1% | 22.2% | 
| **Enterprise** | 8.0% | 15.8% | 0% | 

### By Industry

#### Codat

- **Financial Services:** 44.0%
- **Insurance:** 20.0%
- **Information Technology and Services:** 8.0%
- **Computer Software:** 8.0%
- **Venture Capital &amp; Private Equity:** 4.0%
- **Internet:** 4.0%
- **Human Resources:** 4.0%
- **Banking:** 4.0%
- **Accounting:** 4.0%

#### Plaid

- **Financial Services:** 34.2%
- **Computer Software:** 10.5%
- **Accounting:** 5.3%
- **Banking:** 5.3%
- **Internet:** 5.3%
- **Consumer Services:** 5.3%
- **Entertainment:** 5.3%
- **Apparel &amp; Fashion:** 2.6%
- **Cosmetics:** 2.6%
- **Farming:** 2.6%
- **Other:** 21.1%

#### Mastercard Open Banking (formerly Finicity)

- **Information Technology and Services:** 22.2%
- **Marketing and Advertising:** 11.1%
- **Hospitality:** 11.1%
- **Food &amp; Beverages:** 11.1%
- **Computer Software:** 11.1%
- **Computer &amp; Network Security:** 11.1%
- **Broadcast Media:** 11.1%
- **Banking:** 11.1%

---
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---
## Top Discussions

### Codat

No discussions available for this product.

### Plaid

No discussions available for this product.

### Mastercard Open Banking (formerly Finicity)

No discussions available for this product.

---
**Source:** [G2.com](https://www.g2.com) | [Comparison Page](https://www.g2.com/compare/codat-vs-plaid-vs-mastercard-open-banking-formerly-finicity)

