The move is part of the CFPB's Open Banking regulation that mandates companies to share financial data with authorised ...

The nonprofit will craft standards for consumer data sharing between financial institutions for the next five years.

The U.S. CFPB approves FDX's application for open banking standards, impacting financial institutions and companies like ...

SALT LAKE CITY, Jan. 09, 2025 (GLOBE NEWSWIRE) -- The Financial Data Exchange (FDX) is pleased to announce its official recognition by the Consumer Financial Protection Bureau (CFPB) as an industry ...

Financial Data Exchange will set standards under the agency’s Personal Financial Data Rights rule, allowing consumers to ...

On January 8, 2025, the Consumer Financial Protection Bureau (CFPB) issued a decision and order approving the application of Financial Data ...

“This recognition provides helpful clarity to the market at a critical time. Many firms are running fast to come into compliance with the CFPB’s recent Open Banking regulation and give customers more ...

The CFPB recognized FDX as the standard-setting body under the bureau’s Personal Financial Data Rights rule. The final version of that rule was released in October, but has met challenges, notably a ...

The Consumer Financial Protection Bureau has approved Financial Data Exchange (FDX) as the first standard setting body for the regulator's new open banking regime.