ISO/TC 68

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ISO/TC 68, Technical Committee 68 on Banking, Securities and other Financial Services, is a technical committee formed within the International Organization for Standardization (ISO), of Geneva, Switzerland, tasked with developing and maintaining international standards covering the areas of banking, securities, and other financial services. As the standards organization under ISO responsible for the development of all international financial services standards, ISO/TC 68 plays a key role in the development and adoption of new technologies in the banking, brokerage and insurance industries. Many of its current work projects involve developing ecommerce standards such as better online security for financial transactions, XML standards for financial transactions and standards to reduce the cost and delays of international financial transactions. The membership of ISO/TC 68, consists of more than 30 organizations assigned by participating national standards bodies plus additional international standards development organizations that work collaboratively toward global financial services standards development.