he Financial Data Exchange added 11 new members between February 1 and April 30, 2019, bringing the total membership to 47 organizations spanning the full breadth of the financial services ecosystem, from financial institutions to data aggregators, and banking core processors to fintechs.

FDX is leading an industry wide commitment to enhance consumer controls of financial data through an Application Programming Interface (API) and technical standards that prioritize security, transparency and user experience.

The newest members to commit to the FDX API and secure data-sharing standard are: A.T. Kearney, Cequence Security, Emburse, Early Warning Services, LLC, FICO, Financial Apps, Finovera, H&R Block, Levvel, MX and The ID Co.

“Momentum is building behind our standard as more financial services firms see the importance of a consumer-centric, secure and flexible approach to financial data aggregation and sharing,” said Don Cardinal, managing director of FDX. “We’ve also now made it possible for anyone to access the FDX API specification for free, but becoming a member is still the best way to help shape the industry’s solution to a more open financial ecosystem.”

The FDX API reflects the latest thinking in the financial data sharing space, from the data specification to the security and authentication protocols. Top experts in each discipline are contributing to the standard’s design, and the FDX working groups ensure that the standard continues to evolve and keep pace with technological innovations and consumer expectations.

The FDX board of directors includes sustaining members Bank of America, BB&T, Capital One, Charles Schwab, Citigroup, Experian, Fannie Mae, Fidelity Investments, Finicity, Fiserv, FS-ISAC, Intuit, JPMorgan Chase, PNC Bank, N.A., Quicken Loans, Plaid, SIFMA, TD Bank, The Clearing House, USAA, U.S. Bank, Wells Fargo, Xero and Yodlee.

FDX welcomes organizations across the financial services industry to join FDX and implement its API. For more information, visit FinancialDataExchange.org.

About FDX 


Financial Data Exchange, LLC (FDX) is a non-profit organization operating in the US and Canada 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 data. FDX empowers users through its commitment to the development, growth, and industry-wide adoption of the FDX API, according to the principles of control, access, transparency, traceability, and security. Membership is open to financial institutions, fintech companies, financial data aggregators, consumer advocacy groups, payment networks and other industry stakeholders. FDX is an independent subsidiary of FS-ISAC. For more information and to join, visit www.financialdataexchange.org.