MX lets financial institutions, fintechs and their customers connect financial accounts, discover insights and create personalized money experiences. The service securely aggregates and verifies financial data, adds context and offers a range of use cases including account opening, customer intelligence, digital banking and financial wellness. With more than 13,000 connections to financial institutions and more than 170 billion transactions per day, MX is designed to be secure and compliant, with a wealth of documentation and APIs to make integration easier.
Another strong contender is Plaid, which securely links customers' financial data to a broad range of apps and services. It offers services like payment initiation, categorized transaction data going back 24 months, real-time balance verification and identity verification. Plaid covers a range of financial use cases including personal finance, business finance, lending and banking and wealth management, and offers a free plan with live API calls and premium support to make integration easier.
Flinks provides a full financial data infrastructure that securely links customers' bank accounts and turns raw transaction data into usable insights. Its main services include Connect for secure access, Enrich for data transformation and Outbound for open banking programs. Flinks is used for digital banking, payments and wealth management, so it's a good option if you need to integrate financial data into a variety of apps.
For a broader range of financial data aggregation, Envestnet | Yodlee has access to more than 17,000 data sources around the world, giving you a deeper understanding of customers' financial lives. The service includes alternative credit data, AI-powered financial experiences and customizable financial applications. It's good for retail banking, credit and lending, and financial wellness. Envestnet | Yodlee is bank-level secure and compliant with industry regulations, and can be integrated into existing infrastructure.