About MX

MX is a financial data platform that helps organizations connect to the world’s financial data and turn raw, unstructured data into their most valuable asset to deliver intelligent and personalized money experiences. MX enhances financial data by cleansing, categorizing, and adding metadata that empowers organizations to deliver personalized experiences, reduce fraud, approve loans faster, and help customers save and invest smarter.

MX is one of Narmi's standard partners and provides three products within the Narmi platform:

1. Instant Account Verification
   • Instant account verification (IAV) is a convenient and automated method that helps consumers connect to and fund new or existing accounts. By enabling lenders and financial service providers to verify and access bank account data in a matter of seconds, IAV allows consumers to open and fund accounts more quickly.
   • Featured in both the Account Opening and Digital Banking platforms
   • Additional details can be found in Instant Account Verification
2. Personal Financial Management (PFM) / Trends
   • This suite of products integrates seamlessly into the Digital Banking experience to provide insights into budgeting, spending (including transaction categorization), net worth trends, and other important financial metrics
   • The account aggregation tool allows users to link their external accounts at other financial institutions into the platform which provides a holistic view of their data in one place.
   • Featured in the Digital Banking platform only
   • Additional details can be found in Personal Financial Management (PFM) / Trends
3. Analytics & Marketing
   • Analytics help financial institutions discover key insights about customer/member behavior and needs, while the marketing functionality drives targeted outreach and personalized experiences
   • This suite of products is available as a companion to the PFM product
   • Featured in the Digital Banking platform only
   • Additional details can be found in MX Analytics & Marketing

Additional Resources

Visit MX Academy for more information regarding MX and their products.