CFPB signs off on standard-setting body’s application for open-banking rule
Financial Data Exchange will set standards under the agency’s Personal Financial Data Rights rule, allowing consumers to access and transfer their personal financial data.
CFPB says green light for FDX to issue open banking standards
The U.S. Consumer Financial Protection Bureau said Wednesday it approved an application from Financial Data Exchange ("FDX") to deliver standards for open banking, marking the first order of recognition to be issued under the consumer watchdog's Personal Financial Data Rights rule.
FDX Recognized by CFPB as a Standard-Setting Body, a Step Forward for Open Banking
SALT LAKE CITY, Jan. 09, 2025 (GLOBE NEWSWIRE) -- The Financial Data Exchange (FDX) is pleased to announce its official recognition by the Consumer Financial Protection Bureau (CFPB) as an industry standard-setting body for the U.S. open banking ecosystem.
The CFPB Picks FDX for Oversight of U.S. Open Banking Standards
The CFPB recognized FDX as the standard-setting body under the bureau’s Personal Financial Data Rights rule. The final version of that rule was released in October, but has met challenges, notably a lawsuit filed by the Bank Policy Institute and the Kentucky Bankers Association.
CFPB authorises FDX as open banking standards setter in US
The move is part of the CFPB's Open Banking regulation that mandates companies to share financial data with authorised parties.
CFPB Approves Financial Data Exchange as Open Banking Standard Setter
On January 8, the Consumer Financial Protection Bureau (CFPB) officially recognized Financial Data Exchange, Inc. (FDX) as the first
American Banker13h
CFPB issues new fintech sandbox and no-action letter policy
The Consumer Financial Protection Bureau issued two separate policy statements on so-called "sandbox approvals," and "no ...
Yahoo Finance4d
Is FDX Stock a Smart Investment Option for the New Year?
Despite the weakness in package volumes, FedEx Corporation FDX shares gained in double digits in 2024, outperforming its industry. To combat the resultant top-line weakness, FDX has been cutting ...
FedEx: Choose The Child Over The Parent Post Spinoff
Financial writer recommends investors to focus on FDX's spun-off Freight entity post lackluster Q2 report and downward ...
FedEx (FDX) Receives a Hold from Bernstein
Bernstein analyst David Vernon maintained a Hold rating on FedEx (FDX – Research Report) today and set a price target of $320.00. The company’s ...
Investors in FedEx (NYSE:FDX) have seen respectable returns of 88% over the past five years
If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want ...