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 our standard partners and provides three products within Narmi One:
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 Narmi Grow and Narmi Banking
Additional details can be found in Instant Account Verification
Personal Financial Management (PFM) / Trends
This suite of products integrates seamlessly into the Narmi 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 Narmi Banking only
Additional details can be found in Personal Financial Management (PFM) / Trends
Analytics and Marketing
Analytics helps 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 Narmi Banking only
Additional details can be found in MX Analytics & Marketing
Additional Resources
Visit MX Academy for more information regarding MX and their products.