"The Financial Data Exchange is launching a new initiative to promote safety and innovation when AI agents are used by consumers and companies to transmit sensitive financial account data. FDX is putting out a Call for Input to solicit stakeholder feedback on questions related to Agentic AI and its implications for data sharing. In tandem, FDX is releasing an Exploration Brief, which presents an initial framing of how agentic AI is being used in user-permissioned financial data sharing, the potential implications, and new problem areas to be solved."

"Financial Data Exchange (FDX) is pleased to report that the use of standardized APIs to enable secure, permissioned data sharing continues to grow. According to a recent survey, roughly 114 million customer connections are now happening through APIs aligned to the FDX standard."

"The Financial Data Exchange (FDX) announced a significant milestone reporting that 76 million consumer accounts are now actively utilizing its FDX API for secure open finance data sharing."

“The Financial Data Exchange (FDX) today reports that 42 million consumer accounts are now using its FDX API for open finance data sharing. Since FDX’s last report in June 2022, nearly 10 million additional consumer accounts were transitioned to the FDX API. FDX also reports that API calls have grown to 3.4 billion per month, proving the sustained growth of data usage in the FDX API. Today’s announcement stems from FDX’s Fall 2022 FDX API Implementation Metrics Survey, which collects reporting from the 200+ members of FDX. The FDX API is free to view and use, but the survey does not include non-FDX member data.   FDX’s anticipated product release will be issued later this year to include version 5.2 of the FDX API as well as updates to User Experience Guidelines with a money movement user journey and more. FDX API currently defines 660 unique financial data elements allowing consumers to securely use and share a wide range of their own financial data benefiting their financial lives.”