The Future Is Bright: MX CEO Takeaways from the 2024 Money Experience Summit

November 1, 2024|0 min read

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The future has always been on MX Founder and CEO Ryan Caldwell’s mind. After a two-year absence, Ryan has returned as CEO to help bring the future he’s always seen into reality — one where data is the key to empowering the world to be financially strong.

This was a primary focus when he took the stage at this year’s Money Experience Summit for a conversation with Crystal Anderson, Vice President of Operations and Chief of Staff at MX. Here are some of the takeaways:

Leveraging the Data

Data “is one of the most valuable things in the world and it is completely untapped,” says Ryan. Data is at the heart of what we do at MX and it is what drives our mission forward. As we look ahead, shifts in the regulatory landscape are changing how financial providers leverage this data. For more than a decade, MX has been a leader in Open Finance and consumer-permissioned data sharing. Today, MX’s expertise in leveraging data has never had more potential to affect positive change in the financial industry.

Being a True Partner

At MX, we don’t just want to be another vendor. Our focus is on becoming a true partner to the banks, credit unions, and fintechs we serve. Ryan explained that a true partner is someone who does three things:

Really listens to what you need
Tells you no when it’s necessary
Always looks to the future

Driving Positive Outcomes

Data on its own is just data. MX aims to see the bigger picture. It is not enough to simply have the data. It requires the right tools to enhance it and make it actionable for consumers and financial providers.

Crystal shared that the spirit of this MXS was to ask, “how can we leverage all this data . . . to drive business and consumer outcomes?”

And, we are just getting started. Ryan said, “We are just at the beginning of actually leveraging the data to take action.” But, as long as MX is focused on the future, we will be ready to leverage the data, cultivate true partnerships, and drive positive outcomes.

Check out the full conversation here.