Financial Institutions

Q. What does it cost to become a partner with Microsoft and brand our financial institution in Microsoft OFX clients?

Microsoft does not charge for partnerships or branding in our OFX clients.

Q. What are the differences between 1-way and 2-way OFX services?

2-way OFX is also called "Direct OFX." It allows your customers to use products that support OFX, such as Microsoft Money, MSN Money, and Small Business Accounting to connect directly to a financial institution OFX server. Your customers can request statements, initiate transfers, send payment requests, and send OFX mail.

1-way OFX, also referred to as "active statement" or "Web connect," requires that your customers manually log on to your Web site, select their account, select their date range, and then download their statement. Depending upon your Web configuration, customers may need to follow these steps for each individual account.

Q. We are implementing an OFX solution. Do we have to undergo certification with Microsoft?

This depends upon your implementation. If you are working with a service bureau or service provider, chances are that Microsoft has already certified their solution. If your OFX provider is in either list below you will likely not need to undergo individual certification. In some cases you may need to do a limited certification. If Microsoft has not previously certified your solution, Microsoft must certify it prior to being able to brand in Money. Contact the Office Accounting Certification Team to find out if your OFX server needs to be certified.

Q. Certified 2-way OFX Solution Providers and Service Bureaus

• Access Softek
• ALL TELL Internet Bankingv
• CheckFree
• Corillianv
• Destiny
• Digital Insight
• DST Systems
• Enterprise Engineering
• E.Banking Servicesv
• Fidelity IBG
• Financial Fusion
• FIServ/ITI
• Harland Financial Solutions
• Home Account Network
• IBM
• Innovison
• Jack Henry
• Metavante Corporation
• NCR
• Open Solutions
• Pershing
• USERS

Q. Certified 1-way OFX Solution Providers and Service Bureaus

• ALLTEL Internet Banking
• Cavion Network Services
• Certegy E-Bank Services
• Corillian
• Database Management Services
• Digital Insight
• DST Systems
• FIServ
• FPS Gold
• Harland Fianancial Solutions
• Intellidata
• Jack Henry
• Metavante Corporation
• NCR
• S1
• SciVantage
• Symitar
• Teknowledgev
• Wescom Resources Group

Q. What does it cost to certify our OFX solution with Microsoft?

Microsoft does not charge for OFX certifications.

Q. What is OFX?

For more information about Open Financial Exchange, visit the official web site.