US Bank and MX join forces to improve customer financial wellbeing
Finovate special: Data management specialist MX says it has teamed up with US Bank “to improve the financial well-being of millions of customers”.
The vendor’s data enhancement solutions help financial institutions clean, categorise and classify financial data.
Brandon Dewitt, CTO at MX, explains: “MX and US Bank are collaborating to enable APIs that will help their customers, partners, and communities more securely access and share their data to take control of their financial future.” For example, customers can instantly view transaction level data to identify where and when purchases are made, how much was spent, and how each transaction impacts their overall financial health.
MX was founded in 2010 and is based in the US state of Utah. It says it has over 2,000 financial institutions on its partner list.