Case Study: Leading Regional Commercial Bank achieves 101% increase in account aggregation with MX Technologies

Leading Regional Commercial Bank - Customer Case Study

Leading Regional Commercial Bank sought to boost retention, loyalty and mobile engagement but lacked the right data engine to accelerate mobile use and give customers a one-stop view of their finances. To address this, the bank partnered with MX Technologies and integrated MX Technologies' mobile widgets and financial tools into its app.

MX Technologies’ solution let customers link external accounts, view spending by category with color-coded budgets, and aggregate balances from other institutions in one place. Within five months of launch, the average monthly number of new users aggregating external accounts rose 101% (after a year of no material growth), effectively doubling new monthly usership and delivering richer customer data and a stronger mobile experience.