CEDAR PARK, Texas, April 13, 2017 — IBT, a developer of powerful and scalable applications and data management solutions for financial institutions, today announced a new partnership with MX, one of the world's fastest-growing fintech providers, to bring unified financial data and intuitive money management tools to its platform.
MX will deliver cleansed and categorized transaction data that makes spending behavior easier to interpret, along with redundant, reliable multi-source aggregation that paints a comprehensive financial picture for customers across their accounts. MX's award-winning user interface further assists customers in formulating budgets, analyzing their spending, paying down debts and assessing net worth.
The partnership will also provide IBT clients with access to MX's Insight & Target, an analytics & marketing engine allowing financial institutions to identify their customers' external accounts — mortgages, auto loans, credit cards — and compete for that business through superior offers.
"Given our focus on helping community financial institutions expand their reach and outperform the competition, working with MX made a great deal of sense," said IBT CEO Mark Dittman. "These types of digital tools not only cement customer loyalty but also allow their institutions to grow share of wallet."
IBT has become a go-to provider of banking software for community financial institutions, recently expanding into the Midwest and Southeast. Given its rapid growth and an alignment of values, MX was eager to complement IBT's digital banking solutions.
"Giving community financial institutions the type of digital tools that both enable their customers' financial well-being and allow them to compete against larger institutions, IBT is positioned for success," said MX Founder and CEO Ryan Caldwell. "We look forward to working together."
IBT is a true partner that strengthens relationships and enhances customer retention. IBT's Core processing with i2Suite is the right way to do business for you and your customers, reducing costs, improving efficiencies and enhancing compliance. i2Suite is a powerful and scalable solution that exemplifies the next generation of core processing and data management solutions. For more information, please visit IBTapps.com.
MX is the world leader in unified financial data, enabling financial institutions and fintech providers to collect, refine and present actionable data that empowers the world to become financially strong. Founded in 2010, MX is one of the fastest growing fintech providers, partnering with more than 1,000 financial institutions and 35 digital banking providers. For more information, visit www.mx.com.
Creative Administrator, IBT
MX Public Relations