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IFX Forum To Host Public Webcast on Open Banking APIs on May 18The IFX Forum will stage a webcast entitled "IFX Moves Forward with Open Banking APIs," on Wednesday, May 18 at 11 a.m. EDT. IFX Forum leaders will share the group's perspective and plans to help bring clarity, order and standardization to this important topic. The event is open to the public at no charge; advance registration is needed. Recently there has been considerable discussion about developments in the banking business regarding Open Banking APIs. This is due to the growing impetus for banks to provide more open access to their data in order to serve a variety of needs in the marketplace. Presenters will include:
A Q&A period for attendees will also be part of the program. A link to the webcast registration can be found here and on the IFX Forum website. "The IFX Forum is uniquely positioned to facilitate ongoing collaboration and cooperation between banks and service providers in order to standardize data exchange mechanisms and recommend best practices," said Urban. "We've been doing this for nearly 20 years. I urge everyone who has a stake in providing safe, efficient open access to banking data to join us on May 18, to learn what the IFX Forum and its member community are doing, and how you can participate." The IFX Forum is an international non-profit industry association whose mission is to develop and promote the adoption of its open, interoperable standard for financial data exchange, IFX, which is available at no charge at http://bms.ifxforum.org/. In addition to developing the IFX specification, the Forum actively engages in international standards activity, including longtime liaison efforts with ISO and contributions to ISO 20022, a leadership role in the Remittance Coalition set up by the U.S. Federal Reserve, and Memoranda of Understanding with ASC (News - Alert) X9, BIAN and EPASOrg/nexo. The Forum welcomes additional members to join in all its activities. The Forum also hosts a free IFX Discussion Forum, where knowledgeable Forum members and other subject matter experts will answer IFX-related questions from the public.
About the IFX Forum Forum membership is open to all organizations interested in contributing to the development of open financial standards. Forum members include financial institutions, hardware, software and service firms, and related non-profit groups. IFX Forum Working Groups, in concert with an Architecture Committee to coordinate their efforts, develop open Internet-compatible messages for all sectors of the financial services industry. More information about IFX and the benefits of IFX Forum membership can be found at www.IFXForum.org. Follow the IFX Forum on Twitter -- @IFX_Forum View source version on businesswire.com: http://www.businesswire.com/news/home/20160504005448/en/ |