Case Study: M&T Bank achieves proactive cash management with MX Technologies' Cash Flow tool

M&T Bank - Customer Case Study

M&T Bank, a regional bank with more than $120 billion in assets and over 750 branches, faced urgent customer needs when the COVID-19 pandemic disrupted incomes and cash flow. To help customers monitor and manage day-to-day funds, M&T Bank partnered with MX Technologies and deployed MX Technologies’ Cash Flow tool as part of its personal financial management, data aggregation, and data enhancement services.

MX Technologies’ Cash Flow tool uses historical transactions to forecast future balances, letting customers visualize predicted daily balances, spot potential negative cash positions, and take action to avoid overdrafts. The solution improved customers’ ability to plan ahead during uncertainty and, according to M&T leadership, has been a “game changer” in helping customers manage their finances.

M&T Bank

Mary Kate Loftus

Executive Vice President, Director of Digital