Financial Data Exchange news and trends

CFPB Permits Financial Data Exchange to Set Open Banking Standards
Bank Regulation // January 08, 2025

The Consumer Financial Protection Bureau (CFPB) has recognized Financial Data Exchange (FDX) as a standard-setting body, allowing it to issue standards that companies can use to help them comply with the CFPB’s regulations. Get the Full Story Complete the form to unlock this article and...

CFPB Publishes First Application From Potential Open Banking Standard-Setter
Bank Regulation // September 24, 2024

The Consumer Financial Protection Bureau (CFPB) is inviting public comments on the first application from an organization seeking recognition as an open banking standard-setter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Financial Data Exchange: 28 Million US Consumers Now Use Its API for Open Banking Data...
API // January 26, 2022

FDX has reported 28 million consumer accounts now using its FDX API for open finance and open banking data sharing, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Mastercard, Finicity and Standardizing Open Banking’s Data Flow
Mastercard // June 24, 2020

While open banking is gaining traction in Europe (by regulatory mandate) and is making inroads to the U.S. (through free market competition), on these shores the strategy of getting there seems to be settled in favor of acquisitions. Get the Full Story Complete the form...

Interviews & Exclusives
CFPB’s Open Banking Standardization Push Faces Legal, Logistical Hurdles

January 09, 2025
The news this week that the Consumer Financial Protection Bureau (CFPB) has recognized Financial Data Exchange (FDX) as a standard-setting body — to help determine how permissioned financial data will be shared during the rise of open banking — illuminates the long and winding road ahead. Get the Full Story Complete the form to unlock this […]

Mastercard, Finicity and Standardizing Open Banking’s Data Flow

June 24, 2020
While open banking is gaining traction in Europe (by regulatory mandate) and is making inroads to the U.S. (through free market competition), on these shores the strategy of getting there...

Quick Reads
CFPB Permits Financial Data Exchange to Set Open Banking Standards

January 08, 2025
The Consumer Financial Protection Bureau (CFPB) has recognized Financial Data Exchange (FDX) as a standard-setting body, allowing it to issue standards that companies can use to help them comply with the CFPB’s regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no […]

CFPB Publishes First Application From Potential Open Banking Standard-Setter

September 24, 2024
The Consumer Financial Protection Bureau (CFPB) is inviting public comments on the first application from an organization seeking recognition as an open banking standard-setter. Get the Full Story Complete the...

Financial Data Exchange: 28 Million US Consumers Now Use Its API for Open Banking Data...

January 26, 2022
FDX has reported 28 million consumer accounts now using its FDX API for open finance and open banking data sharing, a press release says. Get the Full Story Complete the...