At MX, we believe in the power of financial data to unlock actionable intelligence and drive better money experiences for companies and consumers.
We believe consumers own their financial data and have a choice in how they share it. We respect and safeguard that choice in our approach to security and compliance.
The protection of consumer financial data is central to the relationship between MX and the financial providers it serves. MX maintains this security through a robust suite of technical and administrative controls designed to safeguard sensitive information. By adhering to strict privacy policies and operational procedures, MX ensures that consumer data remains secure and protected.
MX adheres to industry-accepted standards and rigorous security protocols to safeguard all personal data during storage, transmission, and processing. Our multi-layered defense strategy protects against unauthorized access, alteration, and loss. See our Privacy Statement.
MX maintains real-time monitoring 24 hours a day, 7 days a week, 365 days a year. This monitoring framework incorporates built-in alerts designed to ensure any issues are quickly identified and managed.
To keep clients informed, MX utilizes a dedicated status page for its products and services.
MX Status page.
To maintain strict data residency, all information is hosted exclusively in secure U.S. data centers.
MX employs multiple layers of cryptographically strong encryption to safeguard data both at rest and in transit. These mechanisms ensure that even in the event of unauthorized access, data remains unreadable and secure without authorized access to the corresponding encryption keys.
MX assists financial institutions and fintechs in strengthening fraud prevention efforts through cleansed and enhanced transaction data. While the primary responsibility for fraud mitigation rests with the financial providers, the MX data engine enables partners to identify potential fraud cases with greater speed and accuracy.
MX undergoes rigorous independent audits and maintains certifications across the following frameworks to ensure the highest standards of security and data protection.
Is MX secure?
Does MX sell consumer data?
What measures does MX take to safeguard consumer information?
What is the process for a consumer to make a privacy rights request, such as deletion of their data?
To support security due diligence, vendor risk assessments, audit preparation, and regulatory compliance requirements, high-level security, compliance, and certification documentation is available through the Trust Exchange.
Request access to documents shared securely under NDA through the MX Trust Exchange by UpGuard.
Explore how MX empowers organizations to drive growth and build data-driven money experiences for their consumers.