MX Technologies, Inc. announced that MX and Jack Henry agreed to work together to deliver a more seamless and secure data sharing experience for consumers across more than 800 financial institutions. MX's interoperable API platform will now directly connect through Jack Henry's secure API connections to expand Jack Henry's efforts to replace inbound screen scraping on its Banno Digital Banking Platform. By creating direct API connections with clients, Jack Henry is making it easier for consumers to connect financial accounts securely and reliably without the need to share usernames and passwords.

API connections allow financial institutions to better analyze, manage, and maintain data sharing connections while reducing risk and keeping consumer data safe. API connections are not only more secure but also enable better privacy and transparency for the nearly 10 million registered users on the Banno Digital Platform. With MX's API connection, consumers can connect to and share their financial data on their terms with permissioned data sharing.