Tagged: mx

Digital Payments: Dwolla Connect to Enhance Payment Services for Enterprises

Dwolla, a provider of payment services, today announced the launch of Dwolla Connect, an innovative API solution designed for mid- to enterprise-sized businesses. This new solution simplifies “the process of replacing legacy, batch-based technology with modern infrastructure, enhancing the management and reconciliation of payments across… Read More

Half of US Consumers Making or Considering a Bank Switch, New Research Report Claims

MX Technologies, Inc., which claims to be a leader in Open Finance, today released its latest consumer research, which unveiled that more than half of U.S. consumers “have either opened a new account (23%) or considered switching to a new bank (28%) in the past… Read More

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,… Read More

Open Banking: Moneyhub, MX to Accelerate Adoption of Open Finance

Moneyhub, the data and payments platform built on the principles of Open Banking and Open Finance, has announced a partnership with MX Technologies, Inc., which claims to be a leader in Open Finance in North America. This partnership enables Moneyhub and MX “to leverage each… Read More

Open Finance: Fintech MX Delivers Data Access Solution to Help Financial Institutions Provide Tokenized API Connections

MX, which claims to be an industry leader in Open Finance, announced that Data Access, formerly MXaccess, is now “available for free to financial institutions and data providers.” Data Access enables financial institutions and other data providers “to help consumers connect to all the financial… Read More

Best Egg Financial Health Platform, MX Technologies to Deliver Insights, Data Aggregation Capabilities

Marlette Holdings, Inc., a financial technology technology company operating the Best Egg financial health platform, announced its partnership with MX Technologies, Inc. to “provide enhanced financial data aggregation capabilities and insights to millions of Best Egg Financial Health users.” The partnership further “enables Best Egg… Read More

MX Research: 1 in 4 Consumers Want Financial Providers to Do More to Support Financial Needs

MX, a key player in Open Finance, released a new report on the features, functionality, and support that consumers want from their financial providers. MX’s latest survey of 1,000 U.S. consumers “shows 1 in 4 consumers feel that financial providers don’t do enough to support… Read More

Fintech Qolo Processed Over $1B in Total Payouts in Q4 2022

Qolo recently revealed that it processed more than $1 billion in total payouts in Q4 of 2022. As the world’s “first” and “only” fully cloud-based payments and card issuing processor, Qolo powers various Fintechs and banks “with flexible, scalable payout solutions.” Qolo delivers direct access… Read More

BankiFi, MX to Enable Account Connectivity for Financial Institutions Serving SMBs

BankiFi, a provider of embedded banking solutions, has partnered with MX Technologies, Inc., a key player focused on open finance, “to enable secure data sharing and account connectivity for businesses using BankiFi’s platform.” Through this collaboration, financial institutions will be able “to leverage MX’s open… Read More

Open Banking: MX Introduces New Mobile Banking SDK

Open banking firm MX has announced the availability of a new product and new implementation partners that are said to “bolster” the MX platform. MX has revealed a new mobile banking SDK for companies to build their own mobile banking apps. MX noted that it… Read More

Nacha Announces MX as Preferred Partner for Risk Management, Fraud Prevention

MX is now a Nacha Preferred Partner Program for Risk Management and Fraud Prevention. In becoming a Preferred Partner, MX joins a select group of innovators that Nacha recognizes for offering products and services that align with Nacha’s core strategies “to advance the ACH Network.”… Read More

Open Banking: MX Hires former PayPal Exec as New CTO

Wes Hummel has been named Chief Technology Officer for Open Banking provider MX. Hummel is expected to oversee the company’s engineering and information security teams reporting to MX Chief Executive Officer Jim Magats. Magats said that Hummel brings a tremendous amount of experience in leading “high… Read More

Guild Financial, MX to Assist Military Community with Building Personal Wealth

MX, a firm focused on the Open Finance ecosystem, recently announced that Guild Financial, an investing platform helping the U.S. military community, is “leveraging MX to enable military service members, veterans, and their families to easily and securely connect financial data to help them build… Read More

CIBC Selects Fintech MX to Improve Financial Tools, Apps

CIBC (TSX: CM) (NYSE: CM) recently entered a data access agreement with MX in order to improve the CIBC client experience via secure data sharing, offering customers a safe and intuitive way to share their financial details. The partnership with MX is indicative of CIBC’s… Read More

Open Banking Firm MX Appoints Former PayPal Executive as New CEO

Open Banking (or Open Finance) provider MX has appointed former PayPal executive Jim Magats as its new CEO, effective August 17, 2022. Magats will also join the MX Board of Directors. Ryan Caldwell, founder and Executive Chairman of the Board of Directors, MX, issued the… Read More

Open Finance: MX Supports Instant Account Verifications, Enhanced Data for FuturePay

MX, which claims to be a leader in Open Finance, announced it will provide data cleansing and Instant Account Verification (IAV) for FuturePay’s MyTab, a digital revolving credit platform “for online merchants and their customers.” MyTab helps online shoppers across the U.S. “apply once for… Read More

Open Banking: MX Announces New Account Verification Service

MX, an open banking or open finance platform, has announced a new method for account verification called MXapi Processor Tokens. According to a company statement, MX now offers an API data exchange that is simple and secure to validate users and transactions. The tokens are… Read More

Open Finance: MX Partner Network Doubles Number of Fintech Partners in Past Year

MX, which claims to be a leader in Open Finance, recently announced the MX Partner Network has “doubled the number of its fintech partners in the past year alone.” MX partners with the “best” organizations across the financial services ecosystem “to bring industry-leading solutions and… Read More

KlariVis and Open Finance Fintech MX to Serve Financial Institutions with Data-Driven Insights

Klarivis, a fast-growing enterprise dashboard and analytics solution for the financial services industry, has announced a partnership with MX Technologies, Inc., a key player in Open Finance. Together, KlariVis and MX will empower financial institutions “with new data-driven capabilities and financial insights to equip leaders… Read More

MX and Boss Insights to Streamline Business Lending and Insights with Access to Real-time Financial Data

MX, which claims to be the leader in Open Finance, and Boss Insights, a key player in business data aggregation, are teaming up to provide Fintechs and financial institutions real-time access “to enhanced small business banking, accounting, and commerce data to accelerate business lending and… Read More

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