If you're looking for a Plaid alternative, MX is another top option. MX Technologies offers a platform that securely aggregates and verifies financial data, adds context and lets companies build personalized financial experiences. With more than 13,000 connections to financial institutions and a broad range of use cases, including account opening and digital banking, MX offers security and compliance through its permission-based data sharing.
Another major option is Envestnet | Yodlee. The financial data aggregation platform has access to more than 17,000 data sources around the world, giving companies a rich view of customers' financial lives. It includes services like transaction data enrichment, AI-powered financial experiences and customizable financial applications, and is used in retail banking, credit, lending and wealth management. The platform is bank-level secure and easy to integrate.
If you need a payment foundation, Inai is another option to consider. Inai streamlines payment operations with a single API that connects to a wide range of payment service providers to fetch payments, send payouts and automate payment workflows. With features like detailed analysis, payment reconciliation and monitoring payment anomalies, Inai is designed to improve customer checkout experiences and lower payment failure rates.
Last, Ocrolus brings a different approach with its Document AI platform. It uses artificial intelligence to classify, extract and analyze financial documents with high accuracy, letting lenders assess risk and screen for fraud. With the ability to process a range of document types and offer detailed views of cash flow and income, Ocrolus can automate manual review processes and speed up decision making.