Changes

==.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]] [[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  

BITS/The Financial Services Roundtable, in partnership with the American Bankers Association, formed [[fTLD Registry Services, LLC]] (fTLD) to apply to [[ICANN]] to operate financially-oriented [[gTLD]]s. In 2012, fTLD submitted [[Community TLD|community-based applications]] [1] for the [[.bank]] and [[.insurance]] TLDs to provide trusted and protected online spaces for the banking and insurance industries and their millions of consumers. [[Craig Schwartz]], former chief gTLD registry liaison of ICANN, serves as the head of operations for fTLD. fTLD chose [[Verisign]] to serve as its back-end registry operations provider.<ref>[http://www.bits.org/publications/pr/BITSandABADomainRelease053112.pdf ABA and The Financial Services Roundtable Apply for Financial Domains to Protect Consumers]</ref> <ref>[http://www.bits.org/initiatives/fTLD.php Financial Top Level Domain Initiative]</ref><ref>[http://domainincite.com/archives/4107-verisign-now-front-runner-for-bank VeriSign now front-runner for .bank]</ref>

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>

===Objection===

===Objection===