AUSTIN, Texas – Internet solutions firm FundsXpress Financial Network, Inc., has partnered with aggregation firm uMonitor, Inc. Under the partnership, FundsXpress will incorporate an account aggregation tool in its product suite, which includes online banking, a portal, an e-wallet, and others. Users will have a single-point log-in to track their financial accounts as well as travel and hotel rewards programs. Members can also develop net worth statement summaries. FundsXpress will host the aggregation customer data within its service bureau facility to ensure security. "Account aggregation plays a significant role in improving an institution's ability to retain account holders, and uMonitor enables financial institutions of all sizes to use account aggregation as a competitive advantage in the marketplace," said Brent Warrington, president of FundsXpress.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.