Axos Bank Expands Open Finance Partnership with Ninth Wave

Key Highlights:

  • Axos Bank extends partnership with Ninth Wave for Open Finance solutions.

  • Ninth Wave ensures secure, reliable connections for Axos Bank customers.

  • Seamless API integration with leading aggregators via Ninth Wave’s platform.

  • Enhanced consumer data protection and operational efficiency.

  • Future integration of additional aggregators and applications.

Source (Business Wire)

Notable Quotes

"Engaging Ninth Wave to handle the technology and standards, keeping our integration up-to-date with existing and new regulations, allows us to protect our customers. As a digital bank, our customers expect us to be ahead of the curve with technology solutions and integrations. Ninth Wave’s seamless connectivity is a natural extension of our bank’s technology."

Steve Szpytek, SVP, Head of Consumer Product Development at Axos Bank

"Axos Bank is clearly focused on understanding and meeting the evolving needs of their clients and we are proud to help them meet the challenge."

George Anderson, Founder and CEO at Ninth Wave

Our Take:

The expansion of Axos Bank's partnership with Ninth Wave marks a significant step forward in delivering enhanced Open Finance solutions to their customers. Ninth Wave’s platform provides secure, reliable connectivity, ensuring compliance with regulatory standards and safeguarding customer data. This collaboration not only enhances operational efficiency but also positions Axos Bank as a leader in digital banking technology. The inclusion of additional aggregators and applications will further empower customers, offering them greater control and oversight over their financial data. This strategic move underscores the importance of robust, scalable solutions in the evolving financial landscape.