Payments News

On The Wires

nbsp; nbsp;

Standards

Ally, Discover, MassMutual, and TransUnion Among 25 New Members Joining the Financial Data Exchange

“FDX represents an industry-wide movement to enhance consumer and business controls of financial data, through its FDX API and technical standards that prioritize the group’s Five Core Principles of Financial-Data Sharing – Control, Access, Transparency, Traceability and Security.   The growing membership is also reflected in the rapid adoption of the FDX API, as data […]
nbsp;

Providers

Financial Data Exchange Surpasses 100-Member Milestone – Computer Services, Inc., PAi Retirement Services, PayPal, and Sovos Among 22 New Members Joining

“The Financial Data Exchange (FDX) welcomed 22 new members between January 1 and March 31, 2020, bringing the total membership to 103 organizations that have committed to collectively transitioning to a modern, transparent and secure data sharing approach.  Since its launch in October 2018 with 21 founding members, FDX has seen a nearly fivefold increase […]
nbsp;

Providers

Inlet Joins Financial Data Exchange (FDX) to Strengthen Customer Control of Financial Data

“Inlet, a secure eBill presentment and delivery platform that provides millions of bills each year to bank bill payment destinations servicing both consumers and businesses, announced it will participate in the Financial Data Exchange (FDX), a non-profit organization committed to developing and promoting a single industry standard for financial data sharing. As an FDX member, […]
nbsp;

Standards

Leading Canadian Financial Services Firms Launch FDX Canada

“Financial Data Exchange, LLC (FDX) has officially launched in Canada, with 31 organizations leading the country’s financial services ecosystem in joining FDX and taking part in its mission to develop a secure, common, interoperable, flexible and royalty-free industry standard for financial data sharing. “The launch of FDX Canada proves the success of this industry-led initiative to bring […]