Axway & Cloudentity: Team up to fuel open banking acceleration in North America

Axway & Cloudentity: Team up to fuel open banking acceleration in North America

  • Axway enables enterprises to securely open everything by integrating and moving data across a complex world 
  • Cloudentity provides the Identity and Authorization security foundation for B2B ecosystems like Open Banking
  • Financial Data Exchange (FDX) is dedicated to unifying the financial sector around a common data standard
  • Thlatest FDX API 5.0 significantly expands the standardization of data sharing
  • More than 28 million consumer accounts are already using the FDX API for financial data sharing
  • There’s also added urgency after Canada’s directive to end the risky practice of screen scraping by January 2023
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Lloyds Strengthens AI Strategy After Assessing Financial Value of Deployments

The bank plans to enhance its artificial intelligence capabilities further.Highlights: Lloyds assesses the financial value of its AI...

Santander Tightens Operations with Closure of 44 More Branches

The bank continues its restructuring as customer preferences shift to digital banking.Highlights: Santander is closing 44 more branches...

Stablecoin Bank Kontigo Suffers Cyber Attack, Disrupting Operations

The cyber incident raises concerns about security in fintech.Highlights: Kontigo, a prominent stablecoin bank, experienced a cyber attack.The...

Universal Launches UAE’s First Central Bank Registered Stablecoin

The new digital currency aims to enhance financial transactions in the UAE.Highlights: Universal launched the UAE's first Central...