The move is part of the CFPB's Open Banking regulation that mandates companies to share financial data with authorised ...

FDX, a standard-setting body operating in the United States and Canada, applied for the role in September and was officially recognized by the CFPB on Wednesday as an organization that will set the ...

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 ...

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 ...

Given the stock’s outperformance and the company’s continued cost reduction efforts to drive bottom-line growth, investors might wonder if they should buy FDX stock as we enter 2025.

Many firms are running fast to come into compliance with the CFPB’s recent Open Banking regulation and give customers more control over their financial data. The recognition underscores FDX’s ...

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 ...