FDX reports 16 million consumers using API, claims Canada, US lead in open banking adoption The Financial Data Exchange (FDX), an organization that aims to bring the financial industry under a common standard for financial data access, has claimed Canada and the United States are “global leaders” in open banking adoption. FDX, which only operates in the United States and Canada, recently reported 16 million consumers in Canada and the United States are using its FDX API for open banking and open finance data sharing. “The common narrative that the US and Canada are somehow behind on open banking is just wrong.”