Consumers today juggle multiple financial accounts across banks, credit unions, fintechs, and apps, creating a fragmented view of their finances. This lack of connectivity leaves both consumers and providers with blind spots that limit engagement, personalization, and retention. Open finance APIs replace insecure methods like screen scraping with secure, token-based access, allowing customers to connect accounts without sharing credentials. This drives higher adoption, accurate customer profiles, and trust. MX’s Data Access platform supports FDX standards, real-time performance metrics, and consent dashboards, helping institutions meet CFPB Section 1033 requirements and deliver a seamless financial experience .

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