Banking Industry Architecture Network
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Banking Industry Architecture Network
The Banking Industry Architecture Network e.V. (BIAN) is an independent, member owned, not-for-profit association to establish and promote a common architectural framework for enabling banking interoperability. It was established in 2008. BIAN's goal is to establish a semantic framework to identify and define IT services in the banking industry. The underlying architectural pattern originates from a service-oriented architecture (SOA). The community focuses on creating a standard semantic banking services landscape, while ensuring consistent service definitions, levels of detail and boundaries. This will enable banks to achieve a reduction of integration costs and use the advantages of a service-oriented architecture of implementing commercial off-the-shelf (COTS) software. Financial institutions, software vendors, and system integrators, along with technology partners, are invited to join the association and play a collaborative role with other industry leaders in defining, ...
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Registered Association (Germany)
An (; "registered association" or "incorporated association"), abbreviated (), is a legal status for a civil registration, registered voluntary association in Germany. While any group may be called a , registration as confers many legal benefits, because it confers the status of a juridical person rather than just a group of individuals. The legal status must be mentioned in the name as well. Like certain other corporate bodies, an can apply for the status of a charitable organization (). History The oldest known social club is ''La Court de Bonne Compagnie,'' established in London and mentioned in 1413. The club was set up by a group of devout Knights Templar, Templars for the purpose of "charitable causes". To represent the professional interests of Guild, craft and Guild, merchant guilds, societies or clubs were formed in the Middle Ages and Early modern period, Early Modern period, through which community and various social functional spaces (such as guild houses and m ...
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Retail Banking
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking (corporate banking). Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term ''commercial bank'' is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly ...
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Companies Based In Frankfurt
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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