Financial Data Exchange: Procompetitive Collaboration to Advance Permissioned Sharing of Consumer Financial Information and Spur Innovation and Competition

Financial Data Exchange (“FDX”) is an industry standards body comprised of financial institutions, data access platforms, fintech companies, consumer organizations, and other interested parties organized to address the need for an industry-wide standard for the secure exchange of consumer-permissioned financial information among financial services companies. The availability of such a royalty-free standard promises to unleash innovation in the provision of financial services to consumers, br