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Your documentation says you use service providers, specifically MX and Finicity. Is that correct or are you integrating directly (or some mixture)?
by healthbjk 4y ago
Your documentation says you use service providers, specifically MX and Finicity. Is that correct or are you integrating directly (or some mixture)?
- mandelbrotwurst 4y agoHe's saying it's a mixture.
- mtrap 4y agoThere are ~10k depository institutions in the US. Maybe 20 of the largest offer OAuth connections (look at the list of FDX members for a good proxy). Plaid, Finicity, and Yodlee all purport to support both those direct connections with big banks and the long tail of smaller banks and credit unions. It reads like Stripe has built some direct connections (where possible) and is wrapping other providers for everyone else. That is also, as I understand it, what MX does. https://financialdataexchange.org/FDX/The-Consortium/Members.aspx?WebsiteKey=deae9d6d-1a7a-457b-a678-8a5517f8a474&hkey=362ecd23-b752-48aa-b104-a99e916276c8&68d365ead072=2#68d365ead072 https://financialdataexchange.org/FDX/The-Consortium/Members...