MX Announces New Product Innovation to Power the Open Finance Economy


New data-driven insights and budgeting tools help control spending and protect consumers from unexpected expenses to improve financial health

MX Announces a New Mobile Banking SDK That Enables Enterprises to Build, Customize, and Scale Their Own Mobile Banking Apps; Adds 5 certified MXmobile SDK developer partners

SNOWBIRD, Utah, September 21, 2022 /PRNewswire/ — MONEY EXPERIENCE SUMMIT — MX, a leader in open finance, today announced record-breaking increases in financial data connectivity and the general availability of new product innovations and new implementation partners that strengthen the MX platform. MX helps the world’s leading financial institutions and fintechs access and act on financial data to create personalized money experiences for their users, increase the pace of innovation and drive industry collaboration.

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Today, MX announced product updates for connectivity, data-driven insights and budgeting tools, and mobile banking. This contains:

Record-breaking advances in financial data connectivity

Over the past 12 months, MX has significantly enhanced its already industry-leading financial account linking infrastructure with:

New data-driven insights and budgeting tools

MX has introduced a new Spending Plan budgeting tool to help consumers spend less than they earn, align spending with their financial goals, and plan for meaningful life changes. The Spending Plan budgeting tool is part of MXinsights, designed to enable financial services companies to help their users make better financial decisions and improve their financial health. The company also introduced new insights that protect users from unexpected expenses, help them control expenses and save money.

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New Mobile Banking SDK and 5 new certified developer partners

As part of a developer-first approach, MX has introduced a new Mobile Banking Software Development Kit (SDK) that leverages the 5-star functionality of the company’s MX mobile app and allows developers to build a complete mobile banking app independently API to implement on the MX platform. In addition, MX announced 5 new developer partners: Trabian, DataHouse, practitioner, tailwindand 10 pearls.

“Financial data is the lifeblood of a networked economy. Our vision is to make data accessible and usable for everyone,” he said Brett Allred, Chief Innovation Officer at MX. “These new product features and partnerships help build the open finance ecosystem and empower the world to be financially strong.”

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To learn more about becoming a certified MX developer partner, visit www.mx.com/partners.

About MX

MX Technologies, Inc., a leader in open finance, helps organizations around the world connect to the world’s financial data and transform raw, unstructured data into its most valuable asset to deliver intelligent and personalized money experiences. MX connects more than 13,000 financial institutions and fintechs and offers the most reliable and secure data connectivity network in the industry. Additionally, MX powers 85% of digital banking providers as well as thousands of banks, credit unions and fintechs with a combined reach of over 200 million consumers. To learn more, follow us on Twitter and LinkedIn @MX or visit www.mx.com.

Contact:

tom cook
[email protected]

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