eFinancial Enablers Council

An EFTA working group, the eFinancial Enablers Council includes senior executives whose companies provide the processing, application and technical support to deliver Internet-based financial services.

The Council’s mission is foster industry relationships, a favorable legislative and regulatory environment for Internet-based financial activities, and best industry practices.

Membership is open to senior officers of organizations that provide software or service that enables financial institutions to provide Internet-based services to their customers.

Through its pioneering work, the Council has set the stage for the long-term development of a successful marketplace for Internet-based financial services.

Providing a clearinghouse on legislative and regulatory initiatives in the areas of security, identification, and privacy

Working towards development of examination standards for online banking technology service providers

Providing information and education to members on marketplace issues

The Council provides a number of benefits to its members which are helping to foster this marketplace. These include: