WAKEFIELD, Mass. – April 26, 2016 – The IFX Forum has announced the results of its Board of Directors elections. Member company representatives re-elected Victor Dossey of Microsoft, Ewan McGuire of NCR, and David Moss of U.S. Bank to new three-year terms as Directors. Anita Brady of Oracle was elected to a two-year term on the Board, filling a seat that had been vacated early.

The elections were held at the Forum’s Annual Meeting, which took place April 11-13 in Norcross, Georgia, hosted by member FIS. The newly constituted Board then re-elected Forum officers: Chairman Richard DuVall of ACI Worldwide, Inc., Secretary Mark Tiggas of Wells Fargo Bank, and Treasurer Victor Dossey of Microsoft Corporation.

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 X9, BIAN and EPASOrg/nexo. Recently President Richard Urban was a speaker at the NACHA Payments 2016 conference.

The Forum welcomes additional members to join in all its activities. More information can be found at http://www.ifxforum.org/join/. 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
Founded in 1997, the Interactive Financial eXchange (IFX) Forum is an international not-for-profit industry association whose mission is to develop IFX and promote its adoption as an open, interoperable standard for financial data exchange, suitable for use by all sectors of the financial services industry. The IFX Forum also promotes interoperability of industry standards by working cooperatively with other standards organizations and consortia.

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


For further information:

Judith Vanderkay
Virtual, Inc., +1 (781) 876-6208