Question: Can you recommend a solution that provides real-time account balance information and transaction history for my customers?

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Plaid

If you're looking for a solution that offers real-time account balance information and transaction history for your customers, Plaid could be a great fit. Plaid is a data network and payments platform that securely connects users' financial data to various apps and services. It offers real-time balance verification, 24 months of categorized transaction data, and point-in-time snapshots of financial profiles. Plaid supports a broad range of financial use cases, including personal and business finances, lending, and banking & wealth.

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Envestnet | Yodlee

Another top contender is Envestnet | Yodlee, which serves as a financial data aggregation platform that provides a rich view of customers' financial lives. It offers access to more than 17,000 global data sources, transaction data enrichment, and customizable financial applications. The platform is well-suited for retail banking, credit and lending, open banking, financial wellness, and wealth management.

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MX

For institutions that require powerful financial data connectivity and enrichment, MX has a platform that securely connects financial accounts and enriches the data with context. It supports a range of use cases including account opening, customer intelligence, digital banking, and financial wellness. With detailed documentation and secure data sharing, MX allows businesses to power engagement and growth with personalized financial experiences.

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