Financial Data Exchange Celebrates Two-Year Anniversary
Retrieved on:
Tuesday, October 27, 2020
RESTON, Va., Oct. 27, 2020 /PRNewswire/ --The Financial Data Exchange is celebrating its milestone two-year-old anniversary this week after launching in the Fall of 2018 with a goal of unifying the entire financial industry around a secure, common, interoperable and royalty-free standard for user-permissioned data sharing.
Key Points:
- RESTON, Va., Oct. 27, 2020 /PRNewswire/ --The Financial Data Exchange is celebrating its milestone two-year-old anniversary this week after launching in the Fall of 2018 with a goal of unifying the entire financial industry around a secure, common, interoperable and royalty-free standard for user-permissioned data sharing.
- FDX began with just 21 founding member companies that included fintechs, financial institutions, financial data aggregators, and a few financial industry groups.
- Financial Data Exchange, LLC (FDX) is an international, nonprofit organization operating in the US and Canada that is dedicated to unifying the financial industry around a common, interoperable, royalty-free standard for the secure access of permissioned consumer and business financial data, aptly named the FDX Application Programming Interface (FDX API).
- data aggregators and ecosystem utilities), consumer groups, financial industry groups and other permissioned parties in the user-permissioned financial data ecosystem.