The Consumer Financial Protection Bureau (CFPB) has approved the Financial Data Exchange’s (FDX) application to serve as a standard-setting body ...

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

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

On January 8, 2025, the Consumer Financial Protection Bureau (CFPB) issued an order recognizing Financial Data Exchange, Inc. (FDX) as ...

CFPB Director Rohit Chopra speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., on June 13, 2023. (Photo by Michael A. McCoy/Getty Images) The Consumer ...

The Consumer Financial Protection Bureau issued separate policy statements on "sandbox approvals" and no-action letters for fintechs — measures whose longevity is questionable with the incoming Trump ...

The Consumer Financial Protection Bureau said Thursday U.S. open-banking standards will be developed under the aegis of Financial Data Exchange Inc., a standards-setting body. The CFPB recognized FDX ...

The U.S. Consumer Financial Protection Bureau said Wednesday it approved an application from Financial Data Exchange ("FDX") to deliver standards for open banking, marking the first order of ...

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 ...