"The crazy thing about
@moov
is that the entire infrastructure - or what traditionally we would call “core banking” - is open source. We have a community of 1000s of people contributing to this project." -
@wadearnold
speaking with
@whitdotcomb
at
@tearsheetco
#DataDay2021
It is with a heavy heart that we share that our dear friend, MX Co-founder and CTO Brandon Dewitt passed away this morning following a 5+ year battle with cancer. Since his Stage IV cancer diagnosis in 2016, Brandon not only survived—he thrived.
#JustDewitt
10 life lessons we learned from Jason Sudeikis
#TedLasso
at
#MXVisionariesForum
1. Be a “yes, and..” person
2. You hired the right people, so listen to them
3. Don’t play a jerk
4. Be a good leader & a good human
5. Have a crush on your boss
Read them all:
"For the consumer:
#openfinance
is more than just access to my bank data - it’s about all of my accounts, my deposit accounts, my investments, my loans - my bigger financial picture." -
@whitdotcomb
at
@tearsheetco
#DataDay2021
"MX is advancing how modern data connectivity & open finance can improve the journey you are taking your customers on." -
@brettnallred
, CPO, speaking at
#MXProductForum
"To talk about open banking, let’s look at where we came from: closed banking. Closed Banking is screen scraping and customers needing to jump through hoops to access their data." -
@whitdotcomb
at
@tearsheetco
#dataday2021
"There’s been so much momentum around
#openbanking
these past few years - and great progress has been made, but - to be clear - this is just the beginning." -
@Jane_Barratt
, CAO speaking at
#MXProductForum
"The goal of all financial services companies should be to do what's in the best interest of their customers by empowering them to be financially strong." - Brandon Dewitt, CTO,
@MX
via
@Forbes
"At MX we fully believe that data drives the experience. If you have bad data, your experiences will not align with what consumer expectations are."
@whitdotcomb
#dataday2021
@tearsheetco
The concept of an application programming interface (API) has been around for many decades, but it can still be somewhat hard to understand. We break it down for you.
"In the next 10 years, we’ll see more disruption and changes to the banking and financial industry than we’ve seen in the preceding 100 years.” —
@BrettKing
"For financial institutions, open finance is a new way of thinking about consumer financial data- not just banking data.
How do we start looking at investments? Insurance? Payroll?" /1
@whitdotcomb
#dataday2021
@moov
The concept of an application programming interface (API) has been around for many decades, but it can still be somewhat hard to understand. We break it down for you.
"One of the many benefits of API-based data sharing is that the controls that we have been putting in place around customer permissions - will now be in the hands of the customer." -
@Jane_Barratt
#openbanking
#MXproductforum
"Sometimes you gotta scream your brains out. Sometimes you gotta sing your heart out. Whatever it takes, just find your way back to positive."
Read all 10 life lessons we learned from
@jasonsudeikis
speaking at
#MXVisionariesForum
:
🔗:
#tedlasso
“We told MX we know banking and finance, but we’ve never built a fintech platform before and we needed their guidance,” said David Dwumah, CEO and Co-founder of
@WhyOurBanc
.
"It’s not so much a question of a job being completely automated, but a huge portion of what is currently manually done will be automated in the next 10 years — driven by connectivity, data and AI." - Brandon Dewitt, MX CTO
@abrandoned
via
@forbes
"When
@TedLasso
forgives Rebecca - it isn't surprising or heroic to people who watch the show. But it surprises people who live on earth at this time. Things have gotten so binary that forgiveness feels like weakness."
#JasonSudeikis
@TedCommunity
Don't miss
@gabrielledoug
talking about the defining moments of her life that have shaped who she is and lead her to be the Olympian, champion, athlete, artist, and inspiration she is today.
#MXS2020
Save your seat:
“Technology allows me to take ideas and materialize them - the computer is my instrument.” -
@iamwill
speaking at his keynote on Day 2 at Money Experience Summit
#mxs2022
"Sometimes when you mess up, if you're not holding on too tightly, you'll find something better." -
@jasonsudeikis
speaking today at
#MXVisionariesForum
Join Stephen Dubner, author of
@Freakonomics
, at the
#MXS2020
.
“Looking forward to joining you virtually to talk about the psychology of money, the weirdness of money, and the future of money.” - Dubner
100% digital. 100% free. Save your seat:
We’re bringing the most innovative minds in the industry together for
#MXS2020
.
Brady Harris, CEO of
@dwolla
, has already brought 3 fintech companies to an exit. He'll share what to know about growth, leadership, and exits in the fintech space.
RSVP:
Banking mergers & acquisitions (M&A) deals worldwide have risen dramatically: 619 in 2019 to 1,316 in 2020
The total number of banks in the U.S. has dropped from over 18,000 to less than 5,000 today — overwhelming because of M&A.
"Open banking would make for a profound change in financial services. It requires financial institutions to spend money on rethinking the way they guard their assets and customers’ data."
via
@Bankrate
@MaryMWisniewski
@Jane_Barratt
@FDXOrg
“MX’s technology stack is a clear differentiator and has delivered tremendous growth for the Company over the last 12 months. We look forward to building on this success with the team," - Mike Zappert, Partner at
@TPG
Growth.
This is a new kind of digital event. Hear from experts and share strategies for transforming the future of money.
We're excited to announce Adam Levine, Co-Head of Digital Partnerships at
@BNYMellon
will be joining us at
#MXS2020
. Save your seat:
Just added
@ApoloOhno
to our Money Experience Summit Twitter List! We've got an impressive lineup and we continue to add more industry leaders to the event.
Follow along:
#MissionDriven
with our products & our partnerships
@MetLife
partnered w/
@MX
for the launch of Upwise. The free app helps consumers build positive money habits. By using MX Aggregation, consumers will have secure & reliable access to their financial data
Together with
@dwolla
, MX has configured a new solution to ensure that millions of
#payments
occur smoothly and easily each day.
Read more
@Finextra
:
"We are quickly moving thru the age of big data to the age of personalization where it's no longer about collecting a massive amount of data, but about what you do w/ that data to drive insights to what really matters." -Derek Zanutto, General Partner at
@CapitalGtweets
"MX has built the industry's most robust and capable connectivity network to ensure that organizations can innovate faster and create better, more personalized digital experiences," -
@Ryan_Caldwell
, founder and CEO,
@MX
via
@marketwatch
⌁
Frank Abagnale (of 'Catch Me If You Can' fame), Cybersecurity & Fraud Prevention Expert, shared his best advice for banks and credit unions to prevent fraud
Here’s how we built a custom app in one weekend, partnered directly with the Small Business Administration, and have processed over $5 billion in small business loans, helping to save thousands of jobs.
Money Experience Summit offers inspiring sessions to help you find creative ways to tackle challenges and leave you with real ideas to take on the new world of money.
Don't miss Liz Wolverton of
@synovus
, speaking on Surviving and Thriving in 2020.
➡️
@abrandoned
In lieu of flowers, MX will be making a donation to St. Jude Children’s Research Hospital. For donations made in Brandon’s name, MX will be matching all donations dollar for dollar. To donate, visit:
@abrandoned
Living each day with purpose and joy, and setting a passionate standard for excellence in everything he took on. He inspired us all to be better every day.
"It's pretty remarkable MX was just a small startup offering a few tools 10yrs ago & now it's this big powerhouse of a company in a big & important space. ...We came away w/ a lot of conviction that this is the best product out there." - Mike Zappert, Partner at
@TPG
Growth.
The atmosphere surrounding consumer data is often seen as a shroud of controversy.
@Jane_Barratt
, CAO at MX, is speaking at
#MXS2020
on “Big Data, Big Opportunities, Big Responsibilities: Navigating a Mutually-Beneficial Path.”
Save your seat:
“We cover over 100 million Americans already & with the expansive reach of MX, we believe that this will be a game-changing solution for customers everywhere.” -
@kurtisjlin
, Cofounder & CEO of
@PinwheelAPI
, the market leading payroll API
Join Jason Sudeikis - star of
@TedLasso
- at the
#MXVisionaries
forum on 1/25. He'll discuss how unconventional leadership, a positive attitude, and challenging the status quo can flip the script and change the game for your team. ⇨ Save your seat now:
Jason Sudeikis joined the latest
#MXVisionariesForum
to share lessons on life, love, leadership & how he started a revolution of optimism with Ted Lasso.
The response from our live event has been so positive, we made the 30-min video available on-demand:
Today
@Jane_Barratt
submitted our response to the CFPB calling on them to create a clear, cross-agency regulatory framework giving consumers the legal right to access and own their financial data.
When financial institutions don’t innovate alongside their competitors, they risk stagnated growth or going bankrupt. Keep in mind that only one generation needs to make the switch to digital banking en masse, and the traditional model will be irrelevant.
We're proud to announce
@ApoloOhno
will be joining us at Money Experience Summit in September.🏅 As the most decorated U.S. Winter
#Olympian
and a fintech entrepreneur, Apolo will share with us his journey from Gold Medalist to Fintech Founder.
Join us!➡️
At
#MXS2021
we've got 5 tracks & 30+ breakout sessions - all focused on the future of money. Don't miss John
@MaxfieldOnBanks
of
@themotleyfool
's session: The Fourth Turning - A New Era of American Banking.
RSVP to catch the livestreamed session:
Today we launched Path by MX, a simpler, faster, and more secure way for financial institutions and fintechs to connect their core systems with new services, apps, cores, and systems.
#fintech
#digitaltransformation
#apibanking
"Our mandate at
@CapitalGTweets
, as Alphabet's Growth Fund, is to invest in & partner w/ the world's best tech companies.
When we evaluated MX, we saw: market opp, quality of the product (as vetted by engineers at Google), & the excellence of the team," -Derek Zanutto, CapitalG
Want to help end the racial wealth gap? Hear
@MehrsaBaradaran
speak about her book The Color of Money at
#MXS2020
.
We're just a week out, so save your seat to connect with top leaders in finance and fintech on September 1-2:
Looking toward the future of fintech w/ MX, we'll see financial institutions not only harnessing the data but making use of it,resulting in a future where
#FIs
can improve the bottom line thru products & offerings that tightly align w/ custmr needs.-Derek Zanutto,
@CapitalGTweets
Ryan Caldwell once told
@UVBizQ
that great CEOs won’t choose to run a company unless they’re obsessed with it.
His obsession is still going strong as CEO at
@MX
and was just named 2021 Entrepreneur of the Year.
Congrats
@Ryan_Caldwell
👏
The “data-as-currency world” is still in its infancy, the path is yet to be chartered.
ie:
🔹2009: 10 biggest companies were primarily makers of products/services
🔹2019: 50% of the top 10 companies are data-based enterprises
@Entrepreneur
@Jane_Barratt
"Together Dwolla & MX have configured a new solution to ensure that millions of payments occur smoothly & easily each day. We couldn’t be more excited about this partnership.” - Dave Glaser, President & COO of
@dwolla
@abrandoned
Brandon loved MX and the whole team fiercely. His brilliance, boundless positivity, wonderful wit, and ability to be joyous and grateful, regardless of what challenges he faced, will continue to affect and inspire those that knew him for the rest of our lives.
On December 11, we are hosting a Celebration of Life in memoriam of our dear friend, Co-founder, and CTO Brandon Dewitt. All are invited to join us at The Grand America Hotel in Salt Lake City at 10:00 a.m.
For additional details, visit:
#JustDewitt
“We believe that MX has the potential to do for the financial industry what Netflix did for streaming and Amazon did for shopping by leveraging data to create highly personalized, delightful customer experiences," - Derek Zanutto, General Partner at
@CapitalGtweets
What is open banking?
Open banking is a concept that lets you share your bank data with another company’s app just as easily as an elevator button whisks you to the floor of your choosing.
Read more
@Bankrate
:
“There’s two buttons I never like to hit, alright? And that’s ‘panic’ and ‘snooze.'” —Ted Lasso
Don’t hit snooze on your chance to hear from Jason Sudeikis at the
#MXVisionaries
Forum on 1/25/22
Automating the Money Experience: What does it look like?
1. Predictive analytics around savings and expenses
2. Personalized money recommendations
3. Automated financial guidance
The ability to manage data well & create customer engagement tools that are usable & comprehensive will be table stakes in the future.
Thankfully we found MX and we have an opp to back a company that’s at the center point of this change & innovation. -Jon Winkelried, Co-CEO,
@TPG
#MXS2020
offers inspiring sessions to leave you with a winning game plan to transform your career & institution.
Be inspired by Sr. Director of
@AdidasSoccer
, Jennifer Valentine, offering real strategies to lead your team through a pandemic.
RSVP➡️
Join us tomorrow at The Grand America Hotel in Salt Lake City for a Celebration of Life for our dear friend, co-founder, and CTO Brandon Dewitt.
For event details and livestream information, visit:
#JustDewitt
@GrandAmerica
@siliconslopes