TC68 is the ISO committee designated to develop international technical standards for the financial services industry, including banking and securities. Originally formed in 1948, ISO/TC68’s work continues to grow in importance as new technologies, financial products, and services and security needs enter the economic apparatus of our modern global economy. Developing standards which incorporate the latest methods for handling transactions and services needs becomes the major challenge facing the committee.
The work scope of ISO/TC68’s standards agenda is contained within its three active subcommittees and under TC68 directly. Active subcommittee areas are SC2, Operations and Procedures including Security; SC4, Securities; and SC6, Financial Transaction Cards, Related Media and Operations.
ISO (the International Organization for Standardization) is a worldwide federation of national standards bodies from some 120 countries. The scope of ISO covers standardization in all fields except electrical and electronic engineering standards, which are the responsibility of IEC, the International Electrotechnical Commission. ISO work is decentralized; it is carried out by 185 technical committees and 611 subcommittees which are organized and supported by technical secretariats in 34 countries.
The people who develop international standards are an estimated 30,000 engineers, scientists, and administrators. They are nominated by ISO members to participate in the committee meetings and to represent the consolidated view and interest of industry, government, labor and individual consumers in the standards development process.
The United States is the secretariat of ISO/TC68. The American National Standards Institute (ANSI) of New York City delegated the responsibility to the Accredited Standards Committee X9, Inc., located in Annapolis, MD.
The TC68 Chairman may be reached through the TC68 secretariat office listed below.
Mr. Mark Zalewski
American Financial Services Association
The Accredited Standards Committee X9, Inc. serves as TC68 secretariat, providing administrative support and services to the members. Contact information for the TC68 secretariat is given below. If you e-mail the secretariat, please be sure to include your e-mail address in the body of your message.