User:Dlacroix cufx/sandbox

The Credit Union Financial eXchange   , commonly known as CUFX, is an industry changing initiative lead by the Credit Union National Association (CUNA) Technology Council. It is a highly efficient systems integration standard that connects Credit Union applications (e.g., online banking, lending, IVR) with core processing systems and 3rd party providers of service.

Services and support
CUFX Provides the CUFX Technical Standard at no cost to all organizations. CUFX Provides limited consultation support to all organizations to assist efforts to deploy CUFX as across the credit union industry.

History

 * Formation of CUFX 		 	 – February 2011
 * CUFX Version 1.0 			 – May 16th, 2013
 * CUFX Version 2.0			 – November 26th, 2013
 * CUFX Version 3.0 			 – January 24th, 2014
 * CUFX Vendor Advisory Board formed	 – December 16th, 2014
 * CUFX Version 3.1 			 – July 17th, 2015
 * CUFX Version 3.2 			 – May 11th, 2016

Technical Detail
CUFX is designed in Extensible Markup Language (XML) and defines a set of rules for encoding documents in a format that is both human-readable and machine-readable. CUFX complies with the notation under World Wide Web Consortium (W3C).

Organization

 * CUFX Governing board – Volunteer member board overseeing the strategic direction of CUFX.
 * CUFX Steering Committee – Volunteer member steering committee responsible for the execution of the CUFX vision.
 * CUFX Vendor Advisory board – Consists of steering committee approved 3rd party vendors and core services providers from across the credit union industry.
 * CUFX Architectural Committee – 10 member volunteer team of leading technologists from across the Credit Union industry. Responsible to ensure the vendor agnostic standard meets the highest levels of technical quality and usablitly.
 * CUFX Working groups - Working groups are teams of business analysts, architects, and developers from credit unions, core systems, and vendors that meet to accomplish specific objectives to advance the CUFX standards for the * benefit of the Industry.
 * CUFX Project Manager – Manages the CUFX technical standard and coordinates the activities of the committees and working groups.

Membership
CUFX is a volunteer effort. Leading credit unions and vendors donate time and money to create and implement the standards.