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What does BITS stand for?

BITS stands for Banking Industry Technology Secretariat

This definition appears frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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We have 75 other meanings of BITS in our Acronym Attic

Samples in periodicals archive:

Microsoft is leading this group through chief security strategist Scott Charney, along with Ron Moritz, head of Computer Associates International Inc's security products, and Catherine Allen, CEO of the Banking Industry Technology Secretariat.
Hollen serves in national leadership roles on several credit union boards and advisory committees, including the Credit Union National Association (CUNA), Banking Industry Technology Secretariat (BITS) Council, and the Western Corporate Federal Credit Union (Wescorp).
The Banking Industry Technology Secretariat (BITS), a consortium of financial institutions that addresses "emerging issues where financial services, technology and commerce intersect," has created a matrix to help identify and address computer-security risks and regulatory compliance issues that arise in connection with outsourcing.
The EBPP Business Practices are part of InteroperaBILL, an initiative of the Banking Industry Technology Secretariat (BITS) to develop a framework of technical and business standards that allows all billers to reach on-line customers, and all on-line customers to receive and pay bills across suppliers and platforms.
In addition to GOLD certification, both Syntellect and Integrion will develop a migration path for their products to conform to the new, converged industry standard for electronic financial services announced recently by the Banking Industry Technology Secretariat.