Keeping up with WRAL TechWire’s ongoing initiative to track events happening across North Carolina, here’s a look at what’s to come in April:
April 1, 5-6 p.m. (online)
PayCLT’s next meetup will feature Don Cardinal and Tom Carpenter of the Financial Data Exchange (FDX), who will share how the organization is enabling secure and convenient access to financial data.
April 1, 5-6:30 p.m. (online)
NC State Entrepreneurship is hosting a series of workshops in which textile business experts will work with students on topics around launching a textiles-based business. This session will focus on pitch decks.
Plenty of technology and life science events and deadlines are on tap for April. If you're interested in events coming up in the immediate future, check out our
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The Financial Data Exchange (FDX) welcomed 33 new members in the past 4 months, bringing the total membership to 168 organizations. The group is collectively working to transition the financial services ecosystem to a modern, transparent, and secure API-based financial data sharing approach.
Since its launch in 2018 with 21 founding members, FDX experienced an eightfold increase in members. The growing membership is also reflected in the rapid adoption of the FDX API, as data providers, such as financial institutions, data access platforms, like financial data aggregators, and data recipients such as fintech apps, are collectively transitioning to the standard.
FDX represents an industry-wide movement to enhance consumer and business control of financial data, through its FDX API and technical standards that prioritize the group’s Five Core Principles of Financial Data Sharing – Control, Access, Trans
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Finicity, a Mastercard company and leading provider of open banking solutions, announced today that it has signed a data access agreement with Brex, a company that is reimagining financial systems so every growing business can realize their full potential. Through this agreement, Finicity is extending its leadership in direct data access through the use of an application programming interface (API) to fintechs as data stewards.
Brex customers will now be able to securely link their accounts to apps that use Finicity’s secure data network. For example, a Brex customer may direct their accounting app to automatically receive their Brex account transactions, or even permission a review of their cash flow to establish a line of credit to grow their business.