SALT LAKE CITY, April 14, 2026 (GLOBE NEWSWIRE) —
Today, the Financial Data Exchange (FDX) – a leading technical standards body representing banks, fintechs, consumer interests and others – is launching a new initiative to promote security and innovation when AI agents are used by consumers and businesses to transmit sensitive financial account data.
The need for industry collaboration on this accelerating trend has become increasingly clear in recent months.
- Millions of consumers and businesses share their financial data with third-party digital tools to enable easier budgeting, payments, borrowing and money management.
- Now, AI agents are increasingly being deployed by businesses and consumers to make that data move, according to many industry experts involved with FDX.
- That change introduces new risks and opportunities that many in the financial sector are increasingly focused on and eager to stay ahead of.
THE MARKET NEED
When consumers want to share their financial data (for example from a bank to a fintech app), facilities must be put in place to make this possible. In recent years, broad industry collaboration has enabled a large portion of user-authorized financial data sharing connections in North America to be enabled through standardized Application Programming Interfaces (APIs) aligned with FDX technical standards. These standards have been specifically developed to provide security, user control, transparency and traceability.
“Just as agentic AI is transforming other use cases and increasing the need for new or adapted standards, so too is authorized data sharing,” said Kevin Feltes, CEO of FDX.
INDUSTRY TAKES ACTION
Today FDX brings a Call for input to solicit broad stakeholder feedback on specific questions related to Agentic AI and its implications for data sharing.
At the same time, FDX brings a Exploration shortwhich provides a first outline of how agentic AI is used in sharing financial data with user consent, the possible implications and new problem areas to be solved.
These come after a series of industry conversations that FDX has hosted in recent months on agentic AI with a wide range of stakeholders, including major banks, data aggregators, fintechs and technology companies.
From these conversations, it is clear that many in the industry believe Agentic AI will have a major impact on the way data is shared in the future, making this a top priority to address. The adoption of AI for data sharing is already in full swing at many companies.
WHAT awaits us
In the coming months, FDX expects to issue updated technical standards or industry guidelines to promote secure, interoperable integration patterns with agentic AI.
In doing so, FDX expects that opportunities may arise to collaborate with other organizations that are also working on new Agentic AI standards and protocols in adjacent domains (such as payments), where similar questions arise around agent identification, permission delegation and security.
“Broad industry collaboration will be critical in the coming months to ensure connections are built in a way that protects consumers and promotes trust and transparency,” Feltes said.
Founded in 2018, FDX is a non-profit technical standards organization for sharing financial data with user consent. FDX’s membership includes approximately 200 organizations. Today, there are more than 114 million customer accounts connected through APIs aligned with FDX technical standards.
Comments on the Call for input are welcome via May 29, 2026.
The Exploration Brief and Call for Input are available here.
