CHARLOTTE, N.C., April 10, 2017 — Zenmonics, a global technology services and product company serving the banking and financial technology market, 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 digital transformation platform, channelUNITED®. The companies announced the partnership in conjunction with delivery to a shared top-100 financial institution.
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 banking customers in formulating budgets, analyzing their spending, paying down debts and assessing net worth.
"Given our focus on not only delivering a unified experience across channels but delighting users, MX's money management tools held great appeal," said Jeff Jones, COO of Zenmonics. "Helping customers better understand their financial health and become financially strong through these digital tools is critical in strengthening the trust with their financial institution."
The partnership will also provide Zenmonics 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.
"Data is at the heart of what we do. Whether it's enabling the user to save money through proper budgeting or enabling their financial institution to better understand that user's needs and grow share of wallet through tailored offers," said MX Founder and CEO Ryan Caldwell. "We're especially excited to be delivering these capabilities through a partner like Zenmonics, given their industry leading omni-channel experience and commitment to the digital transformation of banking."
Zenmonics is leading financial services transformation with channelUNITED®, our flagship product. The platform confronts the challenge of your dissociated systems and channels with a pluggable architecture that supports all bank channels on a single platform. channelUNITED® is the only production software platform specifically built to power both self-service and assisted digital transformation on a single, unified technology stack. This allows both customers and associates to engage in seamless sales, servicing, origination and financial transactions from any access point.
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.
Chief Product Officer, Zenmonics
MX Public Relations