HomeEcommerce

OFX

Webopedia Staff
Webopedia Staff
Updated on:
Short for Open Financial Exchange, a unified specification for the exchange of electronic financial data over the Internet. Using a request-response system of communication, OFX allows a client to connect directly to a financial institution’s server. An OFX application sends a request to another OFX application, which sends a response. OFX was created by CheckFree, Intuit and Microsoft in 1997.

Compare with FIX.

Webopedia Staff
Webopedia Staff
Since 1995, more than 100 tech experts and researchers have kept Webopedia’s definitions, articles, and study guides up to date. For more information on current editorial staff, please visit our About page.
Get the Free Newsletter
Subscribe to Daily Tech Insider for top news, trends & analysis
This email address is invalid.
Get the Free Newsletter
Subscribe to Daily Tech Insider for top news, trends & analysis
This email address is invalid.

Related Articles

Embedded Analytics

Applications Webopedia Staff - 0
Embedded analytics brings self-service business intelligence to everyday application users.

HRIS

Development Jenna Phipps - 0
Human resources information system (HRIS) solutions help businesses manage multiple facets of their workforce operations. They provide a central platform for human resources professionals...

Complete List of Cybersecurity Acronyms

Insights Kaiti Norton - 0
Cybersecurity news and best practices are full of acronyms and abbreviations. Without understanding what each one means, it's difficult to comprehend the significance of...

Human Resources Management System

Development Vangie Beal - 0
A Human Resources Management System (HRMS) is a software application that supports many functions of a company's Human Resources department, including benefits administration, payroll,...

Related Articles

Definitions

ScalaHosting

ScalaHosting is a leading managed hosting provider that offers secure, scalable, and affordable...
Read more
Development

HRIS

Human resources information system (HRIS) solutions help businesses manage multiple facets of their...
Read more
Definitions

Best Managed Service Providers...

In today's business world, managed services are more critical than ever. They can...
Read more

Webopedia is an online information technology and computer science resource for IT professionals, students, and educators. Webopedia focuses on connecting researchers with IT resources that are most helpful for them. Webopedia resources cover technology definitions, educational guides, and software reviews that are accessible to all researchers regardless of technical background.

Advertisers

Advertise with TechnologyAdvice on Webopedia and our other IT-focused platforms.

Advertise with Us

Menu

Our Brands

Property of TechnologyAdvice.
© 2022 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.