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Interactive Financial Exchange

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Title: Interactive Financial Exchange  
Author: World Heritage Encyclopedia
Language: English
Subject: XML, Automated teller machine, E-commerce
Publisher: World Heritage Encyclopedia

Interactive Financial Exchange

Interactive Financial Exchange (IFX) is an XML specification for financial transactions such as bill presentment and payment, business to business and consumer to business banking (e.g.: balances, financial transaction information), payments and automated teller machine (ATM) communications.

It is being developed and maintained by a consortium of individuals representing financial and information technology companies.

See also

External links

  • Interactive Financial eXchange Forum

IFX Interop Tools

  • Mapjects supports Interop across various IFX, Interactive Financial eXchange and provides financial transaction support with various LOB and financial features for government non profit and SMB commerce. Mapjects is a schema embedded transactions system, so the distributed systems are schema-independent. One benefit of the system is isolated user data from financial data, which is native and PCI auto-compliant for budget and card information.

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