FormFree recently joined the Financial Data Exchange (FDX), a non-profit group that promotes information sharing and security standards for the financial sector.
FDX members 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, according to a press release. Together, the members of FDX are implementing technical standards intended to make it easier and safer for consumers to use their financial data with third parties.
This is an excerpt. Read the full story in the Dodd Frank Update.