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According to a study by Chicago-based Bank Administration Institute (BAI), banks are not doing enough to keep pace with the digital banking revolution.
Bank Administration Institute and BAI Center (BAI) is the financial services industry's resource for breakthrough information and intelligence needed to innovate and stay relevant in an evolving marketplace.
Other founding members of the council include America's Community Bankers; the American Bankers Association; the American Council of Life Insurers; the Bank Administration Institute; the Consumer Bankers Association; the Credit Union National Association; Fannie Mae; the Financial Services Information Sharing and Analysis Center, LLC; the Financial Services Roundtable and BITS, the Futures Industry Association; the Independent Community Bankers of America; the Investment Company Institute; the Managed Funds Association; NASDAQ the National Association of Federal Credit Unions; NACHA--The Electronic Payments Association; The Clearing House; the Securities Industry Association; the Bond Market Association; and the Options Clearing Corporation.
Bies has been active in leadership positions for various organizations, including the Emerging Issues Task Force of the Financial Accounting Standards Board, the Committee on Corporate Reporting of the Financial Executives Institute, the End Users of Derivatives Association, the American Bankers Association, and the Bank Administration Institute.
Hartney's professional career includes ten years as a managing director at the Bank Administration Institute, where he led the BAI Research sales organisation, which provides syndicated strategic research and benchmarking solutions for the top 50 US banks.
The Federal Reserve Bank of Atlanta and the Bank Administration Institute conducted the last study of this type in 1979.
THE BANK ADMINISTRATION INSTITUTE (BAI) joined ASIS in San Antonio again this year to present a two-day Bank Security and Security Fraud Workshop, which opened with a Saturday evening informal reception.