PNC and Plaid Resolve Trademark Dispute, Enabling Customer Data Sharing with Fintech Apps

PNC Financial Services Group and Plaid have successfully concluded a protracted trademark litigation that lasted nearly four years with a new agreement. This settlement enables PNC customers to utilize Plaid for sharing their financial data with various fintech platforms, including Venmo and Cash App. The resolution of this legal conflict marks a significant development in easing the flow of customer data between traditional banking institutions and innovative financial technology companies. Further details about the settlement can be found in [Law360’s coverage](https://www.law360.com/articles/1881218/pnc-plaid-end-legal-battle-with-customer-data-sharing-deal) of the case.