Akoya welcomes and congratulates the Financial Data Exchange on the years of hard work that led the Consumer Financial Protection Bureau (CFPB) to recognize FDX as a Standard-Setting Body (SSB) under its Section 1033 Personal Financial Data Rights rule.
As the only 100% API-driven network for consumer-permissioned financial data sharing, Akoya embodies FDX’s core principles of control, access, traceability, transparency, and information security. Since our inception, Akoya has implemented FDX APIs, security standards, and UX guidelines, and we remain a trusted partner in open finance and data sharing for thousands of financial institutions of all sizes.
Our own Chief Evangelist, Anil Mahalaha, was a founding member of the Financial Data Exchange, and our CEO, Paul LaRusso, served on the FDX board through its formative years between 2018 and 2022, ultimately serving as Co-Chair.
We look forward to working with other industry stakeholders to move the market toward seamless data exchange and standardized protocols that empower organizations to deliver enhanced services to consumers, drive operational efficiencies, and keep consumer financial data safe.
Media contact: courtney.robinson@akoya.com
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