Information Concepts was responsible for the architecture, design, and development of the first commercially available Open Financial Exchange (OFX) Server product, for Intelidata Technologies Corp. (now known as FISERV). OFX, developed by Microsoft, Intuit, and Check Free, is the unified specification for the electronic exchange of financial data between financial institutions, businesses, and consumers via the Internet. It enables products, such as Quicken and Microsoft Money, to communicate directly with OFX-enabled financial institutions. Additionally, Information Concepts developed the integration between the OFX Server product and a back-end transaction processor.
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