One link finds your new customer's recurring payments and direct deposit, then walks them through moving each one, step by step — so they actually finish switching instead of leaving their money at their old bank.
How it works
Each bank gets a unique white-labeled switch link. Add it to your welcome email, online banking portal, or mobile app. That is all your team needs to do.
The customer clicks the link and logs into their old bank through Plaid's secure window. Bankdrift never sees their credentials. Takes about 2 minutes.
Bankdrift reviews their transaction history through Plaid and lists their recurring payments — subscriptions, utilities, insurance, and direct deposit — so they don't have to remember them.
Bankdrift gives them a checklist of every payment it found, with their new account details ready to copy and instructions for each one. They update each biller themselves, check off their progress, and are told to keep their old account open until everything has moved.
Platform
Finds a new customer's recurring payments and direct deposit through Plaid, which connects to thousands of US banks and credit unions.
Every payment in one list, with the new account details ready to copy and instructions for updating each one.
Customers check off each payment as they switch it and can pick up where they left off.
Your logo and colors throughout the switch flow.
See every switch and its progress across your new customers.
Share one link in your welcome email, website, or online banking.
Invite your team with role-based access, sign-in audit logging, and automatic sign-out after inactivity.
Track switch volume and export your data to CSV.
Security & Trust
Every dashboard sign-in requires a one-time code sent by email.
All data in transit is encrypted with TLS.
Stored data is encrypted at rest (AES-256).
We never see or store customers' bank or biller usernames or passwords.
Customers connect their old bank through Plaid's secure window. Plaid, our bank-connectivity provider, maintains its own SOC 2 Type II certification.
Dashboard sign-ins and failed attempts are logged with timestamp and IP address.
Repeated sign-in and code attempts are rate-limited to block brute-force attacks.
Bank connections powered by Plaid, used by thousands of financial apps.
Pricing
Priced based on your institution's asset size and monthly switch volume. Contact us for a custom quote.
Bankdrift is in early access. Contact us to become a founding partner.