The Future of Financial Data Aggregation
The fintech landscape is evolving at a rapid pace, with consumer financial data from multiple FIs being accessed in a multitude of apps and software solutions. In order to provide …
Ninth Wave Security Center – Enabling Secure Data Access and Control of Account Connections with Third-party Applications
Harnessing the Power of the Ninth Wave Security Center Demand for open, secure data access between banks and their clients is accelerating. Today, companies use a multitude of third-party applications …
Ninth Wave Fintech Registry – Enabling Banks to Manage Risk Across the Fintech Ecosystem
As financial institutions brace for the upcoming implementation of Dodd-Frank Section 1033, mandated by the Consumer Finance Protection Bureau (CFPB) rules, they are actively seeking to put in place adequate …
Boost Sage Customer Satisfaction with Embedded Finance Integration
Countless businesses today rely on Sage software for accounting, enterprise resource planning (ERP), and other important functions. The ability to access bank account data from Sage is critical for reconciliation …
The Evolution of Data Sharing Part 3: Building on FDX to Achieve True Open Finance
Open finance has transformed how consumers and businesses engage with their financial information. It makes permissioned financial data available to a seemingly endless variety of products…
Sharing Financial Data Securely: What Compliance with CFPB’s Personal Financial Data Rights Rule Means for Financial Institutions
To promote a safe environment for data sharing, CFPB aims to establish basic standards for data access, transition the market from screen scraping practices to more secure alternatives, and ensure that the full range of technical issues in the open banking system are addressed using fair, open, and adoptable industry standards.
The Evolution of Data Sharing Part 2: Unlocking the True Value of Embedded Finance Beyond FDX
Dive into the value that embedded finance offers to banks and their customers, and how standard APIs are no longer enough to deliver competitive value to end-users.
How to Mitigate Compliance Risk With Automated Employee Trade Monitoring
Inadequately monitoring employee trading activity can have extremely expensive consequences. In 2020, Citibank was fined $400 million because it failed to establish effective internal controls related to compliance risk management …
The Evolution of Data Sharing Part 1: From OFX’s Foundation to Today’s FDX
Since the inception of Financial Data Exchange (FDX) more than ten years ago, its main goal was to create an industry standard for data exchange, creating a US standard similar to the European PSD2 version which governs electronic payment systems.
Ninth Wave Attends Association of Financial Professionals (AFP) 2023
Discover why leading banks and wealth managers trust Ninth Wave’s Open Finance Platform for seamless, secure, and permission-based integration with banking, accounting, and ERP systems.
