Source: Financial Services Technology Consortium
The Financial Services Technology Consortium (FSTC) today announced that membership in the industry-leading organization has increased by over twenty percent in the last year, and now includes over 100 financial institutions, technology vendors, associations, standards organizations, and government agencies.
"FSTC is taking the lead in investigating, identifying, and incubating practical solutions to some of the financial industry’s most pressing problems," said Dan Schutzer, Executive Director of FSTC. "Currently, we are working a variety of projects including Check 21 initiatives Image Quality and Usability, and Check Security Features; Business Continuity – Resiliency Maturity Model; and Better Mutual Authentication. These ground-breaking endeavors are attracting the most important players in the industry and FSTC continues to provide a forum that facilitates the process of developing tomorrow’s solutions today. We look forward to adding to our membership substantially as we get involved in more and more important issues."
FSTC brings together diverse, and often competitive financial institutions, industry services providers, government agencies, and others to collaborate and find solutions to key industry challenges. Project topics come from member financial institutions and are driven by participating members with the support of FSTC staff.