Open Banking: Finastra, MX Partner

Fintech software provider Finastra is partnering with MX Technologies – an open banking or “open finance” provider. According to a company statement, Finastra will be integrating MX’s Personal Financial Management (PFM), Insights, and Account Aggregation solutions with Finastra’s Fusion Digital Banking solution.

Raymond den Hond, Chief Commercial Officer, Partners, at MX,  said that by working with Finastra, they are enabling over 150 financial institutions to benefit from their services.

”Finastra is thrilled to partner with MX to offer our customers new tools to help support an enhanced customer experience,” said Peter Longo, Vice President, Product Management at Finastra.

Longo said that as financial services embrace Open Finance and account holders look for more holistic solutions to manage their finances, it is critical that they help provide what today’s banking customers have come to expect.



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