VyStar CU chooses MX for data enhancement

Source: MX

MX, the leader in open finance and creator of the Money Experience category, today announced that VyStar Credit Union, one of the 20 largest credit unions in the United States, has chosen MX to enhance the online experience for VyStar’s more than 735,000 members across Northeast Florida.

Powered by MX’s data connectivity APIs, account aggregation and data enhancement tools — which collect, cleanse and enrich transactional data and then present insights to help members take smart financial action — VyStar members will be able to aggregate accounts from all their other financial institutions in a single view. With no need to log in to any other app or website, members will have a clear, dynamic, and visually engaging view of all their finances in one place.

By improving the member experience through MX’s cleansed data, VyStar will gain a greater share of wallet as the trusted financial institution of its 735,000 members.

“Our strategy is to harness innovation and strategic fintech relationships that provide the best experiences that will improve our members’ financial well-being, and this partnership with an innovative fintech like MX is a big step in furthering that strategy,” said Joseph R. Colca, SVP of Digital Experience at VyStar Credit Union. “We’ve been impressed not only with MX’s world-class data enhancement tools, but also with the alignment of our missions to empower financial strength through member advocacy.”

In addition, VyStar chose MX for its ability to integrate with the credit union’s core banking system to cleanse, classify, categorize and enhance VyStar’s transactional data using MX’s industry-leading cleansing and categorization tools and bank APIs.

“We’re honored to be working with such an exemplary institution as VyStar as they continue to grow and pursue their mission of providing financial strength to their members in Florida and Georgia,” said Nate Gardner, Chief Customer Officer, MX. “With MX, VyStar is giving its customers greater clarity into their finances, which is exactly the kind of innovation, partnership and money experience that MX loves to enable through our powerful data platform.”

Comments: (0)