PORTLAND, Ore., Nov. 10, 2016 /PRNewswire/ -- Tyfone, the leading provider of secure digital banking solutions, announced today that it has partnered with MX to bring unified financial data and intuitive money management tools to Tyfone's award-winning suite of secure digital banking solutions, which include mobile and online banking, bill pay, P2P payments and other key digital banking functions. MX will supply industry leading cleansing, categorization and classification capabilities, easily distinguishing transactions by merchant, spending category and type (bill pay, ACH, POS, direct deposit). Financial institutions using Tyfone's secure digital banking solutions, which include some of the largest credit unions in the country, will also benefit from MX's award-winning user interface and redundant, reliable, multi-source aggregation enabling users to obtain a full view of their accounts and better manage their finances.
"The ability to visualize your finances, gain newfound insights and better manage your money on the go are capabilities that users find increasingly useful," said Dan Rawlings, Chief Revenue Officer of Tyfone. "Tyfone provides the most secure digital banking solutions available in the market and MX's robust security protocols exceed industry benchmarks and fit perfectly within our solution portfolio. MX is widely regarded as the top money management solution and our combined best-in-class offering will help financial institutions deliver functionally rich and secure solutions across their digital channels." The partnership will provide Tyfone clients with access to MX's Insight and Target, pairing intelligent analytics with targeted offers. As institutions identify held away mortgages, credit cards and auto loans, they can offer users superior financial products and win more of their business. Unified financial data not only puts money back in the user's pocket but also enables financial institutions to generate new revenue.