Finicity co-founder and EVP Nick Thomas penned an article for ProgrammableWeb on the current data standards available to financial app developers — OFX 2.2 and Durable Data API — and the effects of a possible convergence.

The idea of this “dream standard” would open the door to continued financial services innovation, while leveling the playing field for smaller banks and creating best practices for secure data sharing.

To read the entire article, click here.