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===Competitor===
 
===Competitor===
The BITS and ABA's application for .bank and .insurance domain name string will compete with [[Radix]], a subsidiary business of [[Directi]] Group which also confirmed its application for 31 new gTLDs including .bank and .insurance.<ref>[http://www.thedomains.com/2012/05/31/directi-invest-over-30-million-applies-for-31-new-gtlds-including-law-web-bank-shop/ Directi Invest Over $30 Million & Applies For 31 New gTLD’s: Including: .Law, .Web, .Bank, .Shop]</ref>
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The BITS and ABA's application for [[.bank]] and [[.insurance]] domain name strings are in contention with those of [[Radix]], a subsidiary business of the [[Directi]] Group, which applied for 31 new gTLDs, including .bank and .insurance.<ref>[http://www.thedomains.com/2012/05/31/directi-invest-over-30-million-applies-for-31-new-gtlds-including-law-web-bank-shop/ Directi Invest Over $30 Million & Applies For 31 New gTLD’s: Including: .Law, .Web, .Bank, .Shop]</ref>
    
==BITS and ICANN==
 
==BITS and ICANN==

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