MX Technologies, a leading global open banking platform, has become the latest partner in Dwolla’s secure exchange solution. Dwolla will use MX’s data aggregation platform for account-verification services using its proprietary open banking technology known as MXapi Processor Tokens. Together, Dwolla and MX have been developing compatible data exchange platforms which will allow Dwolla customers to directly access sensitive financial information by exchanging tokens, as opposed to requiring customers to transfer sensitive account information through miscellaneous third-party applications.
Dwolla And MX Aim at a Broader Approach to Open Banking – Digital Transactions