FSTC at a Glance

1
FSTC at a Glance?

• Mission Harness evolving technology advances to
  find solutions through innovative collaboration
• Members FIs, FI Service Providers, Vendors,
  Government, Academia
• 2008 Focus
• Doing more with less
• Becoming more resilient
• Understanding and meeting the Cyber Threat
• Fighting Fraud
• Moving Identity Mgmt from security measure to new
  business and revenue opportunities
• Understanding and exploiting the mobile
  revolution, green movement and other new
  paradigms such as cloud computing
• Standing Committees Share information and
  discuss options on common issues
• Payments Jim.Pitts_at_fstc.org
• Business Continuity/Resiliency
  Roger.Lang_at_fstc.org
• Security Roger.Lang_at_fstc.org
• Bank Technology Operations Dan.Schutzer_at_fstc.org
  
• Innovator Quarterly Journal Dan Schutzer

• Current Projects and Initiatives
• Compliance-centric Record Management Roger Lang
• Becoming more resilient Roger Lang
• Software Assurance BITS/FSTC Certification Mark
  Testing Roger Lang
• Top Level Financial Services Domain Discussion
  Roger Lang
• Real-time Collaboration to fight fraud Jim
  Pitts
• Mobile Bank and Payments Jim Pitts
• RFID Asset Tracking and Management John Fricke
• FIRST Responder Credentialing Roger Lang
• Biometrics as a contributor to fighting Identity
  Theft Dan Schutzer
• In Formation
• Going paperless in key financial processes
  (loans, health)
• Reducing complexity in compliance reporting
• BITS FSTC Annual Summit March 3-5, Sarasota, FL

2
A Few Remarks

• New technologies need time to mature before a
  successful standard can be put in place
• In the early stages competitors hope that their
  technology approach becomes the dominant ad hoc
  standard
• Example ATM networks and cards