NOTE: This article was originally published Aug. 7, 2018 by MX partner FIS, here: https://www.risewithfis.com/keeping-it-clean-the-power-of-clean-data
In the setting of mountain streams, rustic lodges and the stunning Wasatch Front of Northern Utah, credit union executives are gathered in Sundance this week discussing the changing landscape of financial institutions at the Fintech Festival, sponsored by MX.
On June 26, Don MacDonald and The Financial Brand's Jim Marous, in an MX webinar, will discuss the Digital Banking Report on how financial institutions can thrive in the data age. #data#banking #webinar @FinancialBrand
Our June 18-20 Fintech Festival in beautiful Sundance, Utah will be 100 percent focused on credit unions. In this exclusive, intimate setting, you'll learn how to use your data to increase users, reduce costs & improve humankind. Contact your MX rep to reserve your spot! #fintechfestival #fintech#creditunions
Today MX announced that fintech provider Questis has switched to MX for its financial data aggregation needs. With MX, participants with access to the Questis platform can see all of their finances in one place in a clear, organized, visual manner. Read the full press release here or below.
Breaking Banks podcast, May 10, 2018: "We've integrated directly with [Mercantile's] existing PFM provider, which is MX. They have some great APIs and some data enrichment and cleansing that they go through. Based on my experience, they're pretty world-class in terms of enriching and properly categorizing these transactions. They've been really easy to work with. We're big fans of what they're creating there at MX. We're basically taking that data from MX and building the ability to have conversations about that data."
As chatbots continue to rise in popularity (think Amazon Echo or Google Home), so does the need to have clean data feeding that chatbot. MX cleanses, categorizes, and classifies all transaction data -- so voice searches bring up real transactions vs. garbled feeds of letters and numbers.
Ever find yourself wasting too much time putting all your transactions into the right categories? MX runs all transactions through our cleansing, categorizing, and classifying process. This means that we take the garbled mess of a typical transaction feed and make it useful.
Ever get frustrated with offers that have no relevance to you? MX Target lets you create segments, deploy adaptive offers, and start tracking a campaign in under five minutes with absolutely no assistance from IT. It’s all about using the data from MX Insight to place the right offer in front of the right account holders at the right time.