By ET Bureau - July 23, 2020 2 Mins Read
MX, the leading data platform helping organizations harmonize the money experience, today announced the launch of Path by MX, a simpler, faster, and more secure way for financial institutions and fintechs to connect new services, apps, cores, and systems. Path is a data connectivity API that empowers organizations to move beyond the constraints of legacy systems — such as slow innovation, time consuming and costly upgrades, and inflexible contracts.
With Path by MX, financial institutions and fintechs can:
“With Path, financial institutions and fintechs can enjoy the flexibility of more modern cores without multi-year migrations that slow down innovation,” said Brandon Dewitt, Co-founder and CTO of MX. “Path will help financial institutions and fintechs connect their financial systems through an open API, so they can better understand their customers and innovate faster. With Path, organizations can become true advocates for their customers as they progress along their financial journey.”
As an API-driven solution, Path can be deployed as a fully managed service by MX, or it can be built and handed off to financial institutions or fintechs to run independently. MX believes that the data ultimately belongs to the user and with Path, financial institutions and fintechs can use that data to improve the financial lives of their customers.
The platform covers e entire enterprise technology space- including emerging technologies like RPA, AI, cloud, automation, and the entire gamut of digital transformation tools, strategies and management decisions.
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