BIRMINGHAM, Ala., Dec. 12, 2016 — EPL, Inc., (EPL) a leading software development company serving credit unions nationwide, 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 online banking 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 credit union members across their accounts. MX's award-winning UI further assists in helping members formulate budgets, analyze spending, trends, debts and net worth.
"The ability to view all accounts in one place, understand how you're managing money and then make informed decisions based on that knowledge is crucial," said Robin Kolvek, interim CEO at EPL. "Credit unions leveraging EPL & MX's combined capabilities will build financially strong members and deepen their relationships, improving profitability."
The partnership will provide EPL clients with access to MX's Insight and Target solutions, pairing intelligent analytics with targeted offers. As aggregation identifies held-away mortgages, credit cards and auto loans, credit unions can offer their members superior products to win back business from other financial institutions.
"Aggregated data unlocks a wealth of knowledge benefiting member and credit union alike. Members can develop a more disciplined approach to spending, and their financial institution can also extend lower interest rate products that save them even more," said MX Founder and CEO Ryan Caldwell. "We're excited to be working with such a forward-looking and innovative partner who is committed fully to enhancing the member experience."
About EPL, Inc.:
EPL, Inc.'s (EPL) custom software solutions maximize success while improving the member experience for credit unions of all sizes. By leveraging technology and specific member data, EPL's innovative solutions help client institutions address challenges related to growth and relationship-building. We continually invest in our team and products to deliver an evolving and comprehensive open-system suite of solutions. Founded in 1977 by industry leaders, EPL is a credit union service organization (CUSO) headquartered in Birmingham, Ala. Get Connected today at www.eplinc.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.
MX Public Relations