November 22, 2022
Amount, a banking technology provider, has joined the Mastercard Engage network. With this partnership, Amount will provide financial services on Mastercard's open banking platform, according to a press release.
Amount will provide identity, cashflow, checking and saving and income verification on the platform. It will also offer better funnel conversation rates by offering access to consumer-permissioned data solutions.
"We are proud to partner with Mastercard as part of our effort to progress the financial services landscape forward to a more comprehensive and inclusive open banking system," Adam Hughes, CEO of Amount, said in the release. "Through our inclusion in the Engage partner network, Amount's consumer and SMB clients will benefit directly from access to Mastercard's open banking tools and capabilities to unlock better data, faster decisioning, and greater efficiency."