Tag : Open Finance

Financial Data Exchange (FDX) Reports 32 Million Consumer Accounts on FDX API to Power Open Banking and Open Finance
Banking Finance News

Financial Data Exchange (FDX) Reports 32 Million Consumer Accounts on FDX API to Power Open Banking and Open Finance

Fintech News Desk
by Fintech News Desk0
Implementation of interoperable and market-led financial data sharing API standard continues to grow in the US and Canada. The Financial Data Exchange (FDX) reports that 32 million consumer accounts are now using its FDX API for open finance data sharing. Since FDX’s last report in January 2022, nearly one million......
Facilitating the Future of Open Finance Nearly Half of All Large Institutions in the Finance Industry Have Already Adopted Open Banking
Banking Finance News

Facilitating the Future of Open Finance Nearly Half of All Large Institutions in the Finance Industry Have Already Adopted Open Banking

Fintech News Desk
by Fintech News Desk0
New research from Curity shows nearly half of all large institutions in the sector have already adopted Open Banking, with nearly three-quarters (70%) planning to adopt in the next 18 months  Nearly half (43%) of all large financial institutions have already adopted Open Banking according to a new report from API-driven identity......
KlariVis and Open Finance Leader MX Partner to Serve Financial Institutions With Data-Driven Insights
Analytics Finance News

KlariVis and Open Finance Leader MX Partner to Serve Financial Institutions With Data-Driven Insights

Fintech News Desk
by Fintech News Desk0
Powerful data tools and financial insights to deliver additional revenue and growth opportunities with MXdata Klarivis, a fast-growing enterprise dashboard and analytics solution for the financial services industry, announced a new partnership with MX Technologies, Inc., a leader in Open Finance. Together, KlariVis and MX will empower financial institutions with......
Financial Data Exchange
Banking Finance Fintech News

Financial Data Exchange (FDX) Adds 26 New Members

Fintech News Desk
by Fintech News Desk0
Regions Bank, FIS, Zions Bank, Trustly, Railz, Union Bank & Trust, Sensedia, ForwardAI, Community Savings Credit Union, Canadian Lenders Association, and others join effort to unify the financial services industry around common FDX API data sharing standard for open banking and open finance The Financial Data Exchange (FDX) has welcomed 26......
Juniper Research: Open Banking-facilitated Payments to Exceed $116 Billion by 2026, as APIs Threaten to End Card Dominance
Banking Digital Payments News

Juniper Research: Open Banking-facilitated Payments to Exceed $116 Billion by 2026, as APIs Threaten to End Card Dominance

Fintech News Desk
by Fintech News Desk0
A new Juniper Research study found that the value of global payment transactions facilitated by Open Banking will exceed $116 billion in 2026, from just under $4 billion in 2021. This extraordinary growth rate of over 2,800% over the next five years will be driven by increasing user awareness of Open Banking......
Climate First Bank Selects Finastra Software to Deliver Values-Based Banking
Banking Digital Fintech News

Climate First Bank Selects Finastra Software to Deliver Values-Based Banking

Fintech News Desk
by Fintech News Desk0
Climate First Bank appoints a technology partner that shares its vision while delivering an open and flexible suite of cloud-based solutions Finastra today announced that Climate First Bank (In Organization), the nation’s first climate-focused bank, has selected a complete suite of banking software from Finastra. Using Finastra’s Fusion Phoenix core banking system, Fusion Digital Banking, Total Lending,......
Financial Data Exchange Releases New Open Finance Standards & FDX API Version 4.5
Business Fintech News

Financial Data Exchange Releases New Open Finance Standards & FDX API Version 4.5

Fintech News Desk
by Fintech News Desk0
Financial services ecosystem takes giant leap towards interoperability and standardization of consumer data sharing with release of new standards and first steps toward a comprehensive conformance and certification program. The Financial Data Exchange (FDX) announced its Fall release this morning which includes a myriad of technical standards and updates to......
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