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The Financial Data Exchange was established on the idea that consumers and businesses should have easier, more secure access to their financial data. Through our Durable Data API (DDA) and technical frameworks, FDX is unifying the leading financial institutions, fintechs and others around a common standard for data sharing across the entire financial industry.
Overview
Location
United States, Virginia, Reston
Employees
11-50
Founded date
2018
Mentions in press and media 13
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| May 14, 2025 | Banks, Fintechs Face Round Two of Fight Over Data Sharing | (Bloomberg) -- A US consumer watchdog looks poised to tear up a controversial rule on customer financial data sharing and start all over again — but with a depleted staff, a potentially drained budget and all of the same thorny issues. The ... |
| Nov 5, 2021 | FDX API version 5.0 standardizes consent, improves security, and provides better consumer facing awareness | FDX API version 5.0 standardizes consent, improves security, and provides better consumer facing awareness The Financial Data Exchange (FDX) is making a major update to its common open finance standards with the release of FDX API version 5... |
| Oct 27, 2021 | Open Banking Drives Innovation, Introduces Risks for Financial Institutions | In just a few short years, open banking-the use of open APIs to allow third parties to build products and services atop the offerings of banks, insurance companies, and other financial institutions-has changed the financial services landsca... |
| Jul 13, 2021 | US open-banking regulation gets Biden’s backing | The news: President Joe Biden is urging the Consumer Financial Protection Bureau (CFPB) to press forward on rulemaking that would give banking customers the right to port their data from one bank to another. The push from the White House—it... |
| May 4, 2021 | Financial Data Exchange Announces 18 New Members; Brings Total Membership to 186 Organizations | Financial Data Exchange (FDX), a non-profit organization that is dedicated to unifying the financial industry around a common, interoperable, royalty-free standard for secure and convenient consumer and business access to their financial dat... |
| Mar 10, 2021 | Why screen scraping still rules the roost on data connectivity | At the start of the new year you made a promise to yourself that you’d do a better job of handling your finances. So you do what any tech-savvy personal finance guru would do, you get an app that helps you achieve just that. It could be any... |
| Feb 17, 2021 | Duality Technologies Joins the Financial Data Exchange (FDX) to Help Accelerate Privacy-Preserving Data Sharing in the Banking Industry | NEWARK, New Jersey, Feb. 17, 2021 /PRNewswire/ -- Duality Technologies, a leading provider of Privacy-Enhancing Technologies (PETs) based on Homomorphic Encryption (HE), announced today that it has joined the Financial Data Exchange (FDX), ... |
| Feb 3, 2021 | Bank Of America Rolls Out Plaid Data Integration | Online banking businessman using smartphone with credit card Fintech and Blockchain conceptgetty |
| Dec 18, 2020 | Finicity and Brex forge secure data access agreement | The global open banking market is projected to reach $43.15 billion by 2026. That’s up six-fold compared to $7.3 billion in 2018. What is driving this hockey-stick growth pattern? Consumer adoption plays a big role – and this has only accel... |
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FAQ about Financial Data Exchange
When was Financial Data Exchange founded?
Financial Data Exchange was founded in 2018.
What has the press written about Financial Data Exchange?
Parsers VC has collected 13 articles mentioning Financial Data Exchange, among them “Banks, Fintechs Face Round Two of Fight Over Data Sharing” (May 14, 2025) and “FDX API version 5.0 standardizes consent, improves security, and provides better consumer facing awareness” (Nov 5, 2021).
Is Financial Data Exchange still active?
Yes, Financial Data Exchange is active; its latest activity on Parsers VC dates from Aug 26, 2025.