While exchanging some emails trying to understand IFX better, Mike Walter provided a list of links that may be useful:
· http://blogs.msdn.com/mikewalker/archive/2006/11/08/what-is-the-ifx-forum.aspx
· http://blogs.msdn.com/mikewalker/archive/2007/01/31/microsoft-s-support-of-financial-services-standards.aspx
· http://blogs.msdn.com/mikewalker/archive/2006/11/06/ifx-steering-committee-meeting-update.aspx
· http://blogs.msdn.com/mikewalker/archive/2006/10/24/ifx-meeting-in-boston.aspx
In short, IFX is a effort to provide a standard way of representing banking and other financial services transactions.
There is even a case study here:
· IFX Service Orientation Study for Payment Processing: http://msdn2.microsoft.com/en-us/library/ms954604.aspx
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