Both sides vow that they are still committed to convergence, but proponents of the OFX and Gold standards are proceeding on their separate ways with the announcement of certification procedures to ensure that technology solutions comply with the disparate standards.

CheckFree, Intuit and Microsoft announced their certification process for OFX in mid-July. The trio contracted with Prosoft Engineering to create, operate and manage a series of test clients and suites that can be run on OFX servers installed at institutions. "They're building generic client software that will ensure that these OFX servers are conforming to OFX specs," says Microsoft's Matt Cone, business development manager.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.