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CSC adopts IFX open standards for banking and payment software

Computer Sciences Corporation has announced that it will incorporate the IFX standards as part of its service-oriented architecture strategy in banking and payment software.

Computer Sciences Corporation (CSC) will use Interactive Financial eXchange forum’s (IFX) standards as the foundation to develop web-service interfaces for the company’s Hogan Systems core banking software, CAMS II Card & Merchant System and check-image delivery and archive software, CheckVision.

When complete, the three CSC systems will help clients connect to multi-channel third-party software and with business partners and providers more efficiently. Banks and payment processors will be able to share financial data regardless of technology platform. Clients needing to update their technical architectures quickly will have access to a preconfigured package of CSC services, business processes and technologies.

Jeffery Schwalk, vice president and managing director of the banking division within CSC’s financial services sector, said: Our strong commitment to SOA and the IFX open standard is driving innovation and new CSC offerings that will improve the ability of top-tier banks and payment processors to leverage the rich functionality of our applications.