BITS addresses issues at the intersection of financial services, technology and public policy, where industry cooperation serves the public good, such as critical infrastructure protection, fraud prevention, and the safety of financial services. BITS is the technology policy division of The Financial Services Roundtable, which represents 100 of the largest integrated financial services companies providing banking, insurance, and investment products and services to the American consumer.
Nicole Muryn has been promoted to Director, Regulatory and Legislative Affairs at BITS. She will lead the organization's engagement on financial technology policy issues on behalf of BITS/Roundtable members, 100 of the largest integrated financial services companies providing banking, insurance, and investment products and services to the American consumer. [Press Release]
May 2012
BITS will host a Payments Forum on July 12-13 in Washington, DC, to address upcoming changes in the payments risk landscape and the impact of mobile, social media, third party risk, EMV implementation, and regulatory issues on the payments environment. [Details and Registration Forms]
May 2012
The Internet Corporation for Assigned Names and Numbers (ICANN) is moving forward with a program to expand generic Top Level Domains (gTLDs) (e.g., .com, org., .net), which could lead to the creation of financial domains. The financial services industry has united to protect consumers by seeking to create safe and identifiable financial Internet spaces as the Internet becomes more complex. A coalition of associations and institutions, led by the Roundtable and American Bankers Association, has created fTLD Registry Services, LLC to apply for .bank and .insurance domains. If awarded, consumers will be assured they are accessing authentic financial companies and transacting through the most secure cyber environment available today. [Learn More]
May 2012
BITS and FS-ISAC are offering a complimentary email authentication support service to member institutions. Through the Trusted Email Registry, members can select either Agari or Return Path to provide domain-specific email reports that will help a financial institution strengthen the security of its email channel and reduce enterprise and consumer risks. [Learn more] [Press Release]
January 2012
