Visa, Mastercard join Financial Data Exchange

August 29, 2019 | Data Management
Written by FinTech Alliance
Visa, Mastercard join Financial Data Exchange

Visa, Mastercard and the American Bankers Association are among the latest members of the Financial Data Exchange (FDX)

In Brief:

  • Eight members in total joined between 1 May and 31 July 2019.

  • In total membership has reached 55, including organsiations across the financial services ecosystem.

  • FDX aims to bring a common approach among industry providers to developments such as open banking, APIs and prioritising security.

What does this mean?

Security and transparency in financial services are becoming a global concern with the sharing of data – FDX brings industry leaders together and the more it has on board, the more it can educate its members and promote best practice.

Read more here.

More in Data Management

How to Gain Buy-In and Budget: Turning Data into ROI

Posted By The Community

Data Management
November 09, 2019

How to Gain Buy-In and Budget: Turning Data into ROI

The biggest hindrance to organizational data quality is the struggle in generating a meaningful valu...

Written By: Dun & Bradstreet

B2B Enters the Experience Era

Posted By The Community

Data Management
October 18, 2019

B2B Enters the Experience Era

Dun & Bradstreet has released its fifth annual Data-Driven Marketing and Advertising Outlook, which...

Written By: Dun & Bradstreet

Bad Data - Businesses Loses Revenue and Customers Due to Incomplete Information 
Data Management
June 24, 2019

Bad Data - Businesses Loses Revenue and Customers Due to Incomplete Information 

One in five businesses have lost a customer due to using incomplete or inaccurate information about....

Data Management
October 10, 2019

Guidance on Transfers of Personal Data from Ireland to the UK in the Event of a 'No-Deal' Brexit

With the advent of the GDPR in particular, countries in the EU have very high standards of data prot...

Data Management Summit London

Data Management Summit London

When: Mar 21st, 2020
Where: etc.venues St Paul's, London
Price: FREE