Credit Union Financial Exchange (CUFX), CUNA Technology Council’s open-source vendor agnostic integration standard for the credit union industry, released version 3.3 that includes more than 30 updates.
Driven by numerous implementation efforts using the standard, CUFX Version 3.3 contains incremental updates for 24 specifications and seven new specifications to improve support for notes and investment data integrations.
“CUFX is delivering on the promise to the industry to reduce integration complexity, drive development costs down, and improve both speed to market and technical innovation for the benefit of all stakeholders,” said Jeff Johnson, senior vice president/chief information officer, Baxter CU, Vernon Hills, Ill. “This feature-packed update is just the latest step in our ongoing journey to create the universal integration standard for the credit union movement.”
CUFX is powered by a volunteer organization that includes many respected vendors in the credit union movement. It is also made possible by the financial and committee support of credit unions nationwide.