That’s super underselling it. Open Financial Exchange OFX is still the go-to for markets and banks to exchange information with various end user devices. ISO 20022 is a standard used in banking that is XML based. Fedwire, the platform that moves money between the central banks completed transition to XML in July… of this year.
Credit reporting agencies, insurance agencies, hospitals, medicare, medicaid, massive amounts of the entire global logistics industry are heavily using XML with no plans in the near future to move off of it. Like the network that handles auto insurance claims and reporting them to people like LexisNexus is all XML.
Like it’s impossible to cover just how much of this planet runs on XML.
That’s super underselling it. Open Financial Exchange OFX is still the go-to for markets and banks to exchange information with various end user devices. ISO 20022 is a standard used in banking that is XML based. Fedwire, the platform that moves money between the central banks completed transition to XML in July… of this year.
Credit reporting agencies, insurance agencies, hospitals, medicare, medicaid, massive amounts of the entire global logistics industry are heavily using XML with no plans in the near future to move off of it. Like the network that handles auto insurance claims and reporting them to people like LexisNexus is all XML.
Like it’s impossible to cover just how much of this planet runs on XML.