Consumers should be empowered to leverage and benefit from their financial data, which has the ability to improve financial literacy, financial decisions and convenience," said Don Cardinal, managing director of FDX
. "In charting the financial industry's course towards a more open, connected ecosystem, we believe these principles will protect consumers and are the bedrock upon which any data sharing should occur."
Market timing and performance targets of the optimized FDX
chipset are tightly aligned with major cable multi-system operators (MSOs) and cable modem hardware vendors.
The combination of FDX
and DOCSIS 3.1 technologies will provide cable service providers a platform to deploy multi-gigabit upstream speeds for broadband services.
As part of their FDX
subscription, these new suppliers will also be permitted access to Autoweb's Global Data Exchange application, AFX, enabling them the ability to securely exchange data with Autoweb's existing community of over 20,000 subscribed AFX users in 40 countries.
The agreement, for an undisclosed figure, follows the roll-out over the past year of more than 10,000 Kewill multi-carrier management systems throughout the US at FDX
subsidiary RPS Inc.
According to Fastcomm, the FDX
can provide greater throughput than symmetrical v.32 modems and it is less vulnerable to line noise since data can travel at 9600 bps in one direction and 1200 bps in the other without using echo cancellation.
??Financial Data Exchange (FDX
) has announced eight new members have joined its industry coalition between May 1 and July 31, 2019, bringing the total membership to 55 organizations spanning the full breadth of financial services ecosystem, from financial institutions to data aggregators, banking core processors and fintechs, the company said.??FDX is aligning industry players to bring a common approach to consumer control of financial data through an open banking API and technical standards that prioritize security, transparency and user experience.
FedEx ((https://finance.yahoo.com/quote/FDX/) FDX
) said Wednesday that it is ending (https://www.cnbc.com/2019/08/07/fedex-to-end-ground-delivery-contract-with-amazon.html) its ground delivery contract with Amazon ((https://finance.yahoo.com/quote/AMZN/profile) AMZN ), which was set to renew at the end of the month.
) has announced the introduction of FedEx Cares 50 by 50, its global community engagement program designed to deliver hope, change and new possibilities for 50 million people by the company's 50th anniversary in 2023, the company said.
Wells Fargo analyst Casey Deak lowered her price target for FedEx (FDX
) to $220 from $285 after the company reported "disappointing" Q3 results and a reduction in fiscal year guidance.