Seven new specifications are now available to credit unions utilizing Credit Union Financial Exchange (CUFX). CUFX is a free systems integration standard led by CUNA Technology Council and designed to help credit unions remove technical barriers when implementing new systems and applications.
These new specifications became available in a recent release of CUFX and support the implementation and integration of CULedger technologies, such as MyCUID, to CUFX-enabled credit unions. The latest 4.2 release of CUFX enables key integrations and early pilots of MyCUID to move forward rapidly and realize the advantages of both technologies working together.
“We’re proud to be using and integrating with CUFX standards,” said Julie Esser, CULedger Chief Experience Officer. “Both current and future capabilities of CUFX and CULedger products have the potential to continue to enhance each other. We’re looking forward to working together, advancing both technologies rapidly into the future.”
The new vendor-agnostic specifications will allow CUFX-user credit unions to:
CULedger is to use CUFX data dictionaries and constructs as a significant component of distributed ledger and integration designs. CULedger and CUFX-user credit unions will benefit from these enhancements through:
To learn more about CUFX, visit cufxstandards.com.