Common standards make access to and control of financial data easier

Ever more of our financial transactions are being carried out online, but if you have accounts with more than one provider, keeping track of information can be a challenge both for businesses and individuals. Formed in October 2018, the Financial Data Exchange (FDX) is committed to uniting the financial industry around a single, interoperable and royalty-free standard for consumers and businesses to access their financial data. "Financial data empowers consumers and businesses to make information-driven decisions and helps increase financial literacy. Establishing common, free-to-use standards -- such as the FDX API -- lowers barriers and widens the availability of services… [Continue Reading]