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.
Highlights
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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
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BITS President Paul Smocer discusses cybersecurity in The Hill's Congress Blog on April 23, 2012.
April 2012
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On June 20, 2011, the Internet Corporation for Assigned Names and Numbers (ICANN) approved a program to expand generic Top Level Domains (gTLDs) (e.g., .com, org., .net), which could lead to the creation of financial domains. The Roundtable and American Bankers Association are working together to apply for and operate financially-oriented domains, or fTLDs, for the financial services industry. [Learn More]
March 2012
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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