OFX Joins Financial Data Exchange to Accelerate Financial Data Sharing Standards

prnewswire

“In an important step toward establishing a single interoperable industry standard for financial data sharing, the Open Financial Exchange (OFX) will join the Financial Data Exchange (FDX) effective immediately. With this milestone, the industry continues to align around the FDX standards, which spell out how consumer-permissioned financial data is securely shared, and clarifies the security and authentication protocol requirements for financial institutions and fintechs”