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"Internet Council membership provides an 'eye opening' opportunity for the Federal Reserve. Our retail payments business is mainstream, traditional, and well-defined. Being involved with the Council exposes us to what the future of payments might be -- that includes insight into consumer payments preferences, access options, business payments trends, barriers to adopting electronic payments, and payments innovations. You might say that Internet Council membership encourages us to think outside the payments box." Susan Robertson, Federal Reserve Bank of Atlanta
Membership
Information
Who
Should Join | Benefits
of Membership | Council
Structure & Fees
Key Accomplishments | Meetings
Click here to apply for Internet Council
Membership
Who
Should Join
Any
organization interested in online electronic commerce and
payments infrastructure is encouraged to join. Current members
include:
- Financial
Institutions
- Payment
Processors
- Payment
Networks
-
Corporations
-
Government
Agencies
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-
Internet-based
Businesses
-
Information
Technology Companies
-
Trade
Associations and Consortia
-
Law
Firms
-
Consultants
|
Additional
information, including a list of current members is found
on the Internet Council website: http://internetcouncil.nacha.org.
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Benefits
of Membership
Members have the opportunity to:
- Access to
conference-quality meetings and industry content
- Network with industry
leaders
- Gain competitive
advantage
- Participate in
compelling projects
- Project range
includes authentication and authorization, data
security, fraud, risk management, WEB and TEL ACH
debits, identity management, emerging technologies, new
payment models, alternative payments, online banking,
and mobile transactions
- Influence the
infrastructure, guidelines, and policies shaping tomorrow's
online electronic payment system through work group
participation
- Receive complimentary
copies of white papers, guidelines, approved or considered
ACH Rule changes, and research documents produced by the
Council
- Expand visibility –
post your web link to our member listing
www.nacha.org
- Designate multiple
representatives to participate in Internet Council
activities
- Receive discounts on
all NACHA publications and NACHA educational programs
- Access to our Member's
Only site on the web
- Participate or utilize
the Speakers Bureau – see
http://internetcouncil.nacha.org/speakers_bureau/speakers_bureau.htm
for details
- Broaden your knowledge
of the industry
- Understand industry
trends and implications
- Share information,
leverage technological expertise and diverse membership base
- Annual Membership
Report
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Council
Structure & Membership Fees
Internet Council Full Membership
The annual fee of full membership is
$5,000 for the Internet Council. This covers all expenses
- NACHA staff time, meeting costs, Internet Council publications
and reports, Council representation on industry trade and
work groups, administration and overhead -- except for your
personal expenses incurred for travel and
accommodations.
Internet
Council Associate Membership
Associate membership in the Council
is also available for the annual rate of $2,500 plus an additional
meeting fee of $1,045/person
per meeting attended. Associate members receive
all information produced by the Council and have access to
the members-only section on the Internet Council website.
Associates members do not have voting privileges.
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Internet Council
Project and Initiatives
Internet
Council Recent Accomplishments
-
Mobile Banking Project launch to develop
an ACH Network strategy
-
Published
ACH Network
Data Security Self-Assessment Workbook
-
Published
2nd edition,
Understanding Internet-Initiated ACH Debits – a
critical implementation resource for WEB ACH transactions
-
Bi-monthly WEB Briefs that address
important concepts related to the WEB SEC code.
-
Developed a business case for data
security audits in the ACH Network.
-
2006 Multifactor Authentication Vendor
Showcase to educate ACH Network participants on key
regulatory trends and technological developments
-
Authentication Roadmap for financial
institutions to use as they planned for FFIEC Guidance for
stronger authentication and layered security.
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Meetings
The Internet Council convenes as
a body three times annually. These meetings span two to
three days, and consist of educational sessions, industry
updates, and Work Group development time. Meetings are
generally held at various locations throughout the year, one
meeting on the West Coast, one on the East Coast and one in
the central U.S. One meeting is held as a Council MEGA
meeting, which creates a unique opportunity for members
several NACHA Councils to meet for two and one-half days
with a common agenda, providing a unique networking and
cross-fertilization opportunity. Guests are encouraged to
complete an application to attend a council meeting to
assess membership interest. Guest attendance is a one-time
only opportunity for organizations interested in NACHA
council activities.
Learn more
about Internet Council meetings.
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Click here to apply for Internet Council
Membership |
