Mobile banking software provides banks a platform on which to provide financial services products to their customers. Mobile banking solutions act as a mobile extension of the bank. Banks use these solutions to power their mobile applications, which are increasingly popular among banking customers.
Customers use mobile banking platforms to conduct transactions, transfer money, and leverage any mobile payment capabilities to make purchases. Banks use mobile banking applications as the infrastructure for their mobile applications, which typically contain access to the majority of traditional banking products.
Mobile banking solutions are usually included as part of banking software. They often integrate with mobile payments solutions if they do not offer mobile payments functionality within the application.
To qualify for inclusion in the Mobile Banking category, a product must:
MX is a SaaS company that enables banks, credit unions, and developers to grow faster, reduce costs, and deliver exceptional experiences, by leveraging the power of clean data. MX offers a next-generation personal finance management app, a mobile banking app, analytics & marketing tools, data aggregation, and instant account verification. All of these start with clean transaction and wealth data, available both through the apps and/or through our set of APIs.