Plaid Picks Up Former CFPB Legal Chief as New Top Lawyer (1)

Plaid Inc., a fintech company poised to be absorbed by Visa Inc., has hired former Consumer Financial Protection Bureau general counsel Meredith Fuchs to serve as its legal chief.

Fuchs spent the past four-and-a-half years as chief regulatory counsel at Capital One Financial Inc. She joins Plaid almost a year after its former top lawyer Benjamin Lee left the company to become general counsel at Reddit Inc.

Fintech companies like Plaid are coping with questions about their data gathering practices that also affect consumers and larger financial services companies, many of whom have been rushing into the fast-growing space ...