Reliable, Permission-Based Financial Data Sharing
MXaccess is an open finance API platform that improves the data sharing experience for financial institutions, fintechs, and other third parties, on behalf of the consumer.
People increasingly want to share their financial data with fintech apps for services like budgeting, payments, tax planning, and investment management.
However, the majority of financial data sharing is done through less secure methods that require consumers to give their usernames and passwords to a third party.Data Access
With tokenized API connections, consumers can share their data without sharing their login credentials with third parties. Oauth connections minimize risk and costs of screen scraping.
Businesses can better monitor and manage where consumers share data, including what data is leaving the platform and where it's going.
Financial Institutions can finally see where customers are choosing to share their data and can manage access limits.
New connections can go live in a matter of weeks, not months or years, with the MXaccess API.