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May 31, 2012 06:05 pm

Industry Groups Bid To Control New Business-Specific TLDs


Gunkerty Jeb writes "Two financial industry groups, the American Bankers Association (ABA) and the Financial Services Roundtable, announced on Thursday thatthey have applied to the Internet Corporation for Assigned Names and Numbers (ICANN) to operate to top level Internet domains, .bank and .insurance, on behalf of the financial services industry. In a published statement, the groups said that they had applied for .bank and .insurance to 'provide the highest security for the millions of customers conducting banking and insurance activities online.' The move comes as the U.S. Congress is set to begin hearings on e-banking fraud on Friday."

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/pJ5k4N3v07I/industry-groups-bid-to-control-new-business-specific-tlds

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