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March 27, 2019

FormFree named newest member of the Financial Data Exchange (National Mortgage Professional)

FormFree has announced that it has joined the Financial Data Exchange (FDX), a non-profit group that promotes information sharing and security standards for the financial sector. FormFree brings over a decade of experience in protecting the safety and integrity of sensitive consumer data to the FDX.

FDX is committed to enhancing consumer controls of financial data. Its members span the financial services ecosystem and include financial institutions, data aggregators, fintechs and banking core processors. Other recent new members include American Express, Blend, FirstBank, Fiserv, Goldman Sachs, Navy Federal Credit Union, Quovo and Trust Stamp. Together, the members of FDX are implementing technical standards that make it easier and safer for consumers to use their financial data with third parties.

This is an excerpt. Read the full story in National Mortgage Professional.