BAI (organization)
Encyclopedia
BAI is Bank Administration Institute and BAI Center, a leading professional organization for the financial services industry, especially in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

.

Organization

BAI is the financial services industry’s partner for breakthrough information and intelligence needed to innovate and stay relevant in an evolving marketplace.

For more than 80 years, BAI has focused on advancing the industry by offering unbiased education and research. In addition, they facilitate ongoing industry dialogue through a robust network of financial services professionals, thought leaders, newsmakers, and solutions experts.

BAI serves a wide segment of the financial services industry, from the largest multinational banks to community-based institutions. Their mission is to connect the industry with the solutions providers that develop the technology and services that drive innovation. BAI connects industry members to each other and to the knowledge vital to their success. BAI offerings include premier events such as BAI Retail Delivery Conference & Expo, ground-breaking research and performance metrics, professional learning and development programs, and in-depth editorial coverage through BAI Banking Strategies.

History

Starting in 1980, BAI developed the BAI format
BAI (file format)
BAI, or the BAI file format, is a colloquial term used to describe a file format for using to perform electronic cash management balance reporting. The BAI format was developed and previously maintained by the Bank Administration Institute...

 standard for the EDI
Electronic Data Interchange
Electronic data interchange is the structured transmission of data between organizations by electronic means. It is used to transfer electronic documents or business data from one computer system to another computer system, i.e...

of cash management balance reporting data.

As of 1997, BAI has co-sponsored with ECCHO (Electronic Check Clearing House Organization) the National Electronic Check and Image Exchange Conference. http://www.eccho.org/about_overview.php

Events

The BAI organizes many events for professionals in the financial services industry. In Las Vegas, Nevada, October 2010, they held their Retail Delivery Show.
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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