Rize and MX expect the partnership will help customers reduce development time and costs. The referral-based partnership gives existing and potential clients access to Rize's banking infrastructure and compliance programme, as well as the ability to link bank accounts from over 16,000 financial institutions and fintechs through MX's secure data connectivity network. Beyond connectivity, MX uses machine learning to clean and enrich transaction data.
Together, MX and Rize will reportedly be able to better serve growing organisations and provide them with the banking and data tools to reach scale and product parity with competitors.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.