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Digital Transactions: In the Competitive Game of Open Banking, MX Claims a Big Lead With 50,000-Plus Connections

August 20, 2020|0 min read

Digital Transactions
By John Stewart
August 20, 2020

In the ever-more competitive game of payments and open banking, direct data connections matter. On Thursday, MX Technologies Inc. claimed to have more than any other data aggregator, announcing it has exceeded 50,000 links to financial institutions and fintechs.

MX said in its announcement that its connection count had been augmented earlier this year with its acquisition of FileThis, an aggregation engine with links to more than 800 data sources, including financial institutions, insurance companies, and payroll sites.

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