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MX Launches Subscription Tracker

Silicon Slopes—MX, the leading data platform for banks, credit unions and fintechs, announced the launch of Subscription Tracker, the newest feature in MX’s suite of money management tools. Subscription Tracker provides consumers with better insights into their monthly spending habits by providing a detailed list of monthly subscriptions so consumers can take control of their financial future. The new feature automatically detects subscriptions, monthly costs and a yearly total for each subscription, while notifying customers if there has been an increase or decrease in the monthly subscription cost.

“The average consumer spends hundreds of dollars a month on subscriptions and it can be an enormous task to manage the constantly growing list of subscriptions,” said Brett Allred, Chief Product Officer, MX. “Subscription Tracker gives consumers the tools they need to better manage their subscriptions, keep unnecessary spending down and ultimately budget smarter.”

Subscription Tracker makes it easy for consumers to track all of their subscriptions, identify any duplicates and take action on subscriptions they are no longer using. The new feature is located within MX’s suite of money management tools available to banks, credit unions, and fintechs.

“Empowering people to be financially strong requires giving them the tools and resources they need to better understand their spending habits, and that includes knowing what subscriptions they’re paying for, when they are due and if there are any duplicate services,” said Jane Barratt, Chief Advocacy Officer, MX. “Together with our banking and credit union partners, we’re making it easier for consumers to better manage their finances and take control of their financial future.”

The MX platform is used by the world’s leading financial institutions to collect, enhance, analyze, present and act on financial data so that customers have the tools they need to better manage their money. For more information, visit: https://data.mx.com/products/pfm/subscriptions

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