JSON/REST Proof of Concept Report

The IFX Forum Architecture Committee has done a fair amount of work analyzing how to adapt the IFX Business Message Specification to growing trends related to Open Banking APIs and the currently trending technology preferences – JSON and REST. The Proof of...

Quick Readout from the IFX October FTF

The IFX Architecture Committee met face-to-face on October 24-26, 2016 in Minneapolis.  Special thanks to U.S. Bank for hosting our sessions. Our primary focus was to finish work on the JSON/REST API Proof of Concept Report and begin preliminary work architectural...

The Internet of Payments

The growing trend for banks to open themselves to interoperability enabled by APIs can lead to dramatic shifts in the marketplace.  In September 2016, IFX President, Rich Urban and Traxiant CEO, Roger Bass, published this white paper and presented it to a large group...

Open Banking APIs

Key Drivers Global Demand In the EU, PSD2 requires banks to provide access to account and customer information. Live implementations are beginning to emerge around the world. Consumer Behavior The lack of standardized APIs has led to broad use of unsafe practices...