Open Financial Exchange (OPX)

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Open Financial Exchange (OPX),

Definition of Open Financial Exchange (OPX):

  1. Electronic commerce technical specification, proposed jointly by Checkfree, Intel, and Microsoft, that uses open standards for data formatting (SGML), internet connectivity (TCP/IP and HTTP) and security (SSP). OPX enables privacy and message integrity when communicating financial information over internet, but lacks authentication and authorization capabilities which may be provided by third-party vendors.

Meaning of Open Financial Exchange (OPX) & Open Financial Exchange (OPX) Definition