Launching September 2021
First Online Forum: October 5, 2021
To promote best practices for financial data transparency, security and interoperability.
Who We Are
To launch in Sept., 2021, the Financial Data Forum was spun off of the CardLinx Association, now known as the CardLinx Forum. Since 2014, the CardLinx Forum has grown to represent 6 million merchants, 1.9 billion payment cards, 200 million card-enabled accounts and 700 million active daily users. The CardLinx Forum and the Financial Data Forum are divisions of the Digital Commerce Alliance (DCA).
These leaders guide the Financial Data Forum Advisory Board’s mission to promote standardization and best practices for financial data transparency, security and interoperability worldwide.
About the Financial Data Forum
Helping members worldwide by promoting standardization and best practices for financial data transparency, security and interoperability is the mission of the Financial Data Forum, a division of the Digital Commerce Alliance (DCA).
On behalf of its members, the Financial Data Forum offers a host of experiences fostering collaboration and development of services and standards to optimize the use of consumer data to optimize the shopping experience.
The financial data division of DCA offers a host of experiences fostering collaboration and development of services and standards to optimize the use of consumer data to optimize the shopping experience, including:
Trade for Good
The Digital Commerce Alliance’s motto is Trade for Good. These three simple words sum up the mission of our non-profit trade association: DCA drives the future of trade and commerce, by making it a more socially positive, more friction-free experience for all parties, including consumers.
We believe that trade can be one of the most powerful forces for good. Our aim is to help merchants, card issuers, payment companies, fin-tech organizations, and consumers benefit in multiple ways from innovation enabled by digital commerce technology.
Members are empowered by DCA—and its 3 divisions, the CardLinx Forum, the Mobile Wallet Forum and the Financial Data Forum—to do all they can to make every aspect of trade good for both buyers and sellers, as well as their companies and the communities they serve.”
Recent Developments in Financial Data
DCA CEO Advocates for Industry on New Proposed CFPB Data Rules
The Digital Commerce Alliance CEO, Silvio Tavares, recently met with the staff of the Consumer Financial Protection Bureau and also submitted formal written comments regarding the agency’s proposed rule making relating to financial data.
General Data Protection Regulation (GDPR)
The General Data Protection Regulation (GDPR) 2016/679 is a regulation in EU law on data protection and privacy in the European Union and the European Economic Area. It also addresses the transfer of personal data outside the EU and EEA areas.
Consumer Financial Protection Bureau (CFPB)
The Consumer Financial Protection Bureau (CFPB) is a federal agency that makes sure banks, lenders, and other financial companies treat you fairly.
Californians for Consumer Privacy
The Californians for Consumer Privacy organization is the sponsor of the recently passed Proposition 24, the Californian Privacy Rights Act and the original California Consumer Privacy Act of 2018.