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==.Bank and .Insurance Financial TLD Initiative==
 
==.Bank and .Insurance Financial TLD Initiative==
BITS in partnership with the [[American Bankers Association]] confirmed their application for the [[.bank]] and [[.insurance]] top level domain names ([[TLD]]s) with [[ICANN]]'s [[New gTLD Program]] to provide a safe and secure online space for the banking and insurance industry and its millions of consumers. [[Craig Schwartz]], former chief gTLD registry liaison of ICANN serves as the head of operation for the BITS and ABA Financial TLD Initiative. <ref>[http://www.bits.org/publications/pr/BITSandABADomainRelease053112.pdf ABA and The Financial Services Roundtable Apply for Financial Domains to Protect Consumers]</ref>  The partnership also formed the [[fTLD Registry Services, LLC]] to handle the applications for both domain name strings and to manage its operations once approved by ICANN.<ref>[http://www.bits.org/initiatives/fTLD.php Financial Top  
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BITS, in partnership with the [[American Bankers Association]], confirmed their application for the [[.bank]] and [[.insurance]] [[TLD|top level domain names]]s (TLDs) via [[ICANN]]'s [[New gTLD Program]] to provide a safe and secure online space for the banking and insurance industry and its millions of consumers. [[Craig Schwartz]], former chief gTLD registry liaison of ICANN, serves as the head of operation for the BITS and ABA Financial TLD Initiative, which is known as [[fTLD Registry Services, LLC]].<ref>[http://www.bits.org/publications/pr/BITSandABADomainRelease053112.pdf ABA and The Financial Services Roundtable Apply for Financial Domains to Protect Consumers]</ref>  The partnership formed the to handle the applications for both domain name strings and to manage its operations once approved by ICANN.<ref>[http://www.bits.org/initiatives/fTLD.php Financial Top  
Level Domain Initiative]</ref> They chose Verisign to serve as their bank-end registry solutions provider. <ref>[http://domainincite.com/archives/4107-verisign-now-front-runner-for-bank VeriSign now front-runner for .bank]</ref>
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Level Domain Initiative]</ref> They chose Verisign to serve as their bank-end registry solutions provider.<ref>[http://domainincite.com/archives/4107-verisign-now-front-runner-for-bank VeriSign now front-runner for .bank]</ref>
    
===Possible Objection===
 
===Possible Objection===

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