One link. Every recurring payment your new customer has — switched automatically. No forms, no calls, nothing for the customer to do.
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 scans up to 2 years of transaction history via Plaid and automatically identifies every recurring payment — subscriptions, utilities, insurance, direct deposit, everything.
For each merchant, Bankdrift first tries to update through their billing portal using AI. If that fails, an AI phone agent calls them. The customer does nothing.
of new customers never fully migrate their recurring payments to a new bank
average annual revenue a bank loses per customer who never completes the switch
average time a customer spends trying to manually switch their bank payments
Platform
AI navigates merchant billing portals and updates account information automatically. No customer involvement required.
When web automation fails, an AI agent calls the merchant billing department and updates the account directly.
Every recurring payment detected through Plaid — 12,000+ banks and 90% of US accounts fully supported.
Your logo, colors, and brand throughout the entire switch flow. Customers only ever see your bank's name.
Complete visibility into every switch and payment migration across your entire customer base, live.
Add Bankdrift to your website, online banking, or mobile app with a single link or iframe embed.
Customers notified automatically when every payment has migrated and it is safe to close the old account.
Track switch volume, payment values, and customer trends. Export all data to CSV at any time.
Invite your team with role-based access controls, audit logging, and automatic session security.
Security & Trust
All data in transit encrypted at the highest standard.
All stored data encrypted using military-grade standards.
We never see or store bank usernames or passwords.
Meets federal requirements for financial customer data.
SOC 2 Type II certified bank connectivity infrastructure.
Every admin action logged with timestamp and IP address.
Admin sessions expire after 30 minutes of inactivity.
Accounts locked after 5 failed login attempts.
Bank connections powered by Plaid — the same infrastructure trusted by Venmo, Robinhood, and thousands of financial institutions.
Pricing
Priced based on your bank's asset size and monthly switch volume. Contact us for a custom quote within 24 hours.
Setup takes under 10 minutes. Contact us to get your bank set up on Bankdrift.