On February 13, 2018, the Financial Services Information Sharing and Analysis Centre (FS-ISAC) announced the launch of an updated application programming interface (API), which will enable financial information sharing between consumers and businesses to take place in a more secure and resilient cyber environment.
This innovative API is the result of the combined work of the FS-ISAC Data Aggregation Work Group and financial technology (fintech) firms engaged in the industry.
By financial institutions adopting this API, consumers will have more control over their data, as they will be able to access and manage their financial data seamlessly and safely, without the need to log into various accounts.
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