ASC X9

General Micro Systems (GMS) Creates Multi-Function Rugged, Daisy-Chained, High-Definition Thunderbolt 4 Portable Rugged Displays with Touch, NVIS, Storage and PCI Express I/O

Retrieved on: 
Monday, October 9, 2023

AUSA 2023 — General Micro Systems (GMS) this week will show off innovation that re-invents the rugged display using open-standard Thunderbolt™ 4 technology.

Key Points: 
  • AUSA 2023 — General Micro Systems (GMS) this week will show off innovation that re-invents the rugged display using open-standard Thunderbolt™ 4 technology.
  • The X9 Spider Rugged Thunderbolt Display enables military and commercial system designers to rethink the display as more than just an output device.
  • For the 12- and 17-inch versions, displays can function as “manpack” portable tablets, usable by dismounted soldiers/Marines or first responders.
  • Additionally, the X9 Spider Rugged Thunderbolt Display costs around $10,000, less than one-third the price of competing displays.

ASC X9 Launches ISO 20022 Best Practices Forum

Retrieved on: 
Tuesday, February 2, 2021

The Accredited Standards Committee X9 Inc. ( X9 ) today announced the formation of the U.S. ISO 20022 Market Practice Industry Forum, which will work to research and document best practice recommendations in order to catalyze ISO 20022 usage in the United States.

Key Points: 
  • The Accredited Standards Committee X9 Inc. ( X9 ) today announced the formation of the U.S. ISO 20022 Market Practice Industry Forum, which will work to research and document best practice recommendations in order to catalyze ISO 20022 usage in the United States.
  • ISO 20022 is a multi-part international standard that defines a common platform for the development of financial messages.
  • The U.S. ISO 20022 Market Practice Industry Forum is unlike other X9 initiatives in that X9 membership is not required for participation, and thus there is no membership cost involved.
  • X9 acts as the U.S. Technical Advisory Group (TAG) for ISO TC68 (Financial), TC321 (E-Commerce) and TC322 (Sustainable Finance) and performs the secretariat functions for ISO TC68.

ASC X9 Forms Real-time Payments Study Group; Participants Sought

Retrieved on: 
Wednesday, December 2, 2020

Today the Accredited Standards Committee X9 Inc. ( X9 ) announced the formation of a new study group focused on faster/real-time payments.

Key Points: 
  • Today the Accredited Standards Committee X9 Inc. ( X9 ) announced the formation of a new study group focused on faster/real-time payments.
  • The study group will review real-time and faster payments activity in the financial industry, with the intent to become X9s central point of contact for all related and supporting X9 technical standards and to coordinate related work within X9.
  • People with interest in real-time payments are invited to join the X9 Real-time Payments Study Group .
  • Then, the study group will develop recommendations on building new X9 standards and/or updating existing X9 standards; it will also present webinars to the X9 community detailing its findings.

ASC X9 Seeks Participants for Development of New Mobile Payments Standards

Retrieved on: 
Wednesday, August 19, 2020

The Accredited Standards Committee X9 Inc. ( X9 ) today announced that it is seeking expert participants for two important projects.

Key Points: 
  • The Accredited Standards Committee X9 Inc. ( X9 ) today announced that it is seeking expert participants for two important projects.
  • Two new mobile financial services standards, the third and fourth parts of a suite of standards (X9.134) for mobile banking and payments, will continue the process to adapt and augment ISO 12812 as a U.S. national standard.
  • Mobile financial services (MFS) are an evolving and fragmented market with a broad range of solutions.
  • "Development and adoption of these X9 standards will benefit all stakeholders such as financial institutions, app developers, card issuers, acquirers, merchants and the marketplace in general."

ASC X9 Expands Mission of Corporate Banking Committee To Become an Industry Focal Point for Faster/Real-time Payments Initiatives

Retrieved on: 
Tuesday, July 21, 2020

The Accredited Standards Committee X9 Inc. ( X9 ) today announced that it has expanded the scope of its X9C Corporate Banking Committee to add focus on faster/real-time payments.

Key Points: 
  • The Accredited Standards Committee X9 Inc. ( X9 ) today announced that it has expanded the scope of its X9C Corporate Banking Committee to add focus on faster/real-time payments.
  • The group is newly empowered to track all faster payments activity in the financial industry, and the intent is for it to become X9's central point of contact for industry standards related to this area.
  • Corporate banking is an umbrella term for treasury, finance and cash management functions within a corporation and for banking services offered to corporations.
  • Corporate banking is separate from capital-raising, mergers advice or risk mitigation.

ASC X9 Enhances Standard for Electronic Exchange of Legal Orders, Increasing Efficiency and Accuracy

Retrieved on: 
Tuesday, July 7, 2020

The Accredited Standards Committee X9 Inc. ( X9 ) has enhanced and expanded X9.129, "Electronic File Format Standards for Presentment and Remittance of Legal Orders."

Key Points: 
  • The Accredited Standards Committee X9 Inc. ( X9 ) has enhanced and expanded X9.129, "Electronic File Format Standards for Presentment and Remittance of Legal Orders."
  • This set of standards establishes the file sequences, record types and field formats to be used for the electronic bilateral exchange of legal orders specific to levies and assets.
  • In the current environment, banks receive legal orders through a variety of channels and in a variety of formats from federal, state and local government and legal entities.
  • It is accompanied by a technical report, TR 51, which formalizes an industry standard for exchange of legal orders using the X9.129 standard format and a compilation of industry norms.

ASC X9 Revives PKI Working Group To Address New Public Key Infrastructure Needs

Retrieved on: 
Wednesday, December 4, 2019

The Accredited Standards Committee X9 Inc. ( X9 ), a non-profit organization that develops standards for the financial services industry, has reconstituted X9F5, the working group that originally developed the standards on which modern Public Key Infrastructures (PKIs) are based.

Key Points: 
  • The Accredited Standards Committee X9 Inc. ( X9 ), a non-profit organization that develops standards for the financial services industry, has reconstituted X9F5, the working group that originally developed the standards on which modern Public Key Infrastructures (PKIs) are based.
  • The decision by the X9 board was based upon the recent findings of an X9 PKI Study Group, which recommended that X9F5 be tasked with creating new PKI standards based on use cases and requirements developed and maintained specifically for the financial services industry.
  • X9 is seeking additional participation and support for this effort from all interested parties.
  • The Study Group also noted that existing financial PKI operations are not always aligned with X9 standards, creating incompatibility and security issues, and existing PKIs will be slow to address emerging threats such as quantum computing.

ASC X9 To Serve as U.S. Technical Advisory Group for ISO Standards Committee TC 321 – Transaction Assurance in E-commerce

Retrieved on: 
Wednesday, November 6, 2019

The Accredited Standards Committee X9 Inc. ( X9 ) today announced that it will serve as the U.S. Technical Advisory Group (TAG) for the ISO Technical Committee (TC) that will develop standards for what happens before and after an e-commerce transaction is completed.

Key Points: 
  • The Accredited Standards Committee X9 Inc. ( X9 ) today announced that it will serve as the U.S. Technical Advisory Group (TAG) for the ISO Technical Committee (TC) that will develop standards for what happens before and after an e-commerce transaction is completed.
  • A group must be accredited by its country's national standards body to serve as a TAG.
  • The Accredited Standards Committee X9 Inc. is a non-profit organization accredited by the American National Standards Institute (ANSI) to develop both national and international standards for the financial services industry.
  • X9 performs the secretariat function, acts as the U.S. Technical Advisory Group (TAG) and provides the committee chair for ISO TC68, which produces international standards for the global financial services industry.

X9 Launches Two Initiatives: New Mobile Payments Standard and Zero Trust Technical Report

Retrieved on: 
Wednesday, October 2, 2019

The Accredited Standards Committee X9 Inc. ( X9 ) today announced the launch of two new projects, for which it seeks additional expert participants.

Key Points: 
  • The Accredited Standards Committee X9 Inc. ( X9 ) today announced the launch of two new projects, for which it seeks additional expert participants.
  • A new Mobile Financial Services standard, the second part of a suite of standards for mobile banking and payments, will adapt and augment ISO technical specification 12812-2 for use in the U.S., focusing on security considerations.
  • Adoption of standards would benefit all stakeholders such as financial institutions, app developers, card issuers, acquirers, merchants -- and the marketplace in general.
  • "The new mobile payment standard and the Zero Trust technical report are good examples of X9's highly important work on critical, cross-industry issues, " said X9 Executive Director Steve Stevens.

ASC X9 Named U.S. Technical Advisory Group for New ISO Standards Committee: TC 322, Sustainable Finance

Retrieved on: 
Thursday, April 18, 2019

The Accredited Standards Committee X9 Inc. ( X9 ) today announced that it will serve as the U.S. Technical Advisory Committee (TAG) for a new ISO group, Technical Committee (TC) 322 Sustainable finance.

Key Points: 
  • The Accredited Standards Committee X9 Inc. ( X9 ) today announced that it will serve as the U.S. Technical Advisory Committee (TAG) for a new ISO group, Technical Committee (TC) 322 Sustainable finance.
  • Technical matters include the approval, reaffirmation, revision and withdrawal of ISO standards, and thus require participation in TC meetings and votes.
  • X9 was appointed to this role by the American National Standards Institute (ANSI), the U.S. representative to ISO.
  • X9 performs the secretariat function, acts as the U.S. Technical Advisory Group, and provides the committee chair for ISO TC68, which produces international standards for the global financial services industry.