Meridian Partners with MX Pulse to Infuse AI-Powered Insights in Its Online and Mobile Banking Platforms
MX, one of the industry leader in providing financial data solutions to its customers announced that it is partnering with Meridian. The latter is the first financial institution across Canada to adapt to MX’s AI and plans to leverage the technology to drive its new tool, Pulse, which is designed to be a self-guided financial wellness tool.
“We’re extremely excited about Meridian and motusbank choosing MX Pulse to provide AI-driven insights and advice to its members through online and mobile banking,” said Brett Allred, Chief Product Officer at MX. “This is a wonderful example of an industry leader using the power of clean data to deliver a world-class experience to its members while outpacing the competition in a rapidly evolving industry.”
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Since 75 years, Meridian is Ontario’s largest credit union and Canada’s third largest credit union. Acknowledged as a progressive and innovative financial brand, Meridian is also the parent company of Canada’s latest digital bank, moutusbank.
“We’re extremely excited about the Meridian and motusbank choosing MX Pulse to provide AI-driven insights and advice to its members through online and mobile banking,” said Brett Allred, Chief Product Officer at MX. “This is a wonderful example of an industry leader using the power of clean data to deliver a world-class experience to its members while outpacing the competition in a rapidly evolving industry.”
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One of the main reasons for this partnership is the fact that Meridian has been working hard on its digital strategy and inculcating MX for digitization, which was a core part of this strategy. Also, Meridian wants to encourage ‘money sense’ in its customers to drive customer savings and to ensure that the company’s patrons have a bright economic future.
After Pulse goes live in Ontario, the tool will be released across Canada for all Motusbank customers. The tool’s alerts are developed to be subtle & user-friendly and will be beneficial in providing sound financial advice.
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