News

News

11-14-17:

The X9F4 Cryptographic Protocols and Application Security work group has begun the revision of the X9.79-4 Public Key Infrastructure – Part 4: Asymmetric Key Management standard. This standard addresses the management and security of asymmetric keys for protecting financial information and other associated data independent of the asymmetric algorithm, schemes or public key cryptography protocol. Read More

11-09-17:

Quantum computing is advancing at a rapid pace.  The speed of these computers will dwarf current computers and render the cryptography used to protect today's data ineffective.  Predictions are that a general purpose quantum computer will be ready in as little as 2 years and at most 9 years.  Native quantum computers are working t Read More

10-26-17:

The Federal Reserve Banks today announced plans to complete their migration to the ISO 20022 standard for their real-time gross settlement system, the Fedwire Funds Service, by the end of 2023. Adopting the ISO 20022 standard for payments clearing and settlement messages supports the Federal Reserve’s strategy to enhance the efficiency of both domestic and cross-border payments as described in  Read More

10-23-17:

(ETA Transaction Trends) –  Josephine Rossi As leader of the Accredited Standards Committee X9 Inc. (X9) blockchain study group, Guy Berg will be involved in developing a standardized glossary addressing distributed ledger technology. The initiative kicks off in October, and the project’s deliverables will become an ANSI X9 technical report. Read More

10-23-17:

The Federal Reserve, on behalf of the Governance Framework Formation Team, announced the 27 members of the collaborative industry short-term work group that will focus on developing a governance framework for faster payments in the United States. The work group, originally called the interim collaboration work group, was established by the Faster Payments Task Force and described in a recommendati Read More