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 U.S. Consumer Financial Protection Bureau said Wednesday it approved an application from Financial Data Exchange ("FDX") ...

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

FDX, a standard-setting body operating in the United States and Canada, applied for the role in September and was officially recognized by the CFPB on Wednesday as an organization that will set the ...

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

The Consumer Financial Protection Bureau issued separate policy statements on "sandbox approvals" and no-action letters for ...

The Consumer Financial Protection Bureau said the payments provider “employed weak security protocols for Cash App and put ...

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 industry ...

Block Inc. reached an agreement with the Consumer Financial Protection Bureau early Thursday under which it will pay up to $175 million in restitution for what the CFPB claims were sloppy and ...

The Consumer Financial Protection Bureau has approved Financial Data Exchange (FDX) as the first standard setting body for the regulator's new open banking regime.

Open banking allows third-party access to consumer banking data through APIs. The CFPB approved FDX's application to become a recognized industry standard setting body, which can issue standards ...