Discover Financial Services has joined the Banking Industry Architecture Network to take part in the nonprofit's framework and messaging standards to lower costs and speed the delivery of services to customers.
BIAN launched in North America in September. The network has been under development for several years, creating an IT services blueprint to define the basic software components that banks use. The blueprint is being written specifically for the banking industry by bank and vendor technologists.
BIAN has more than 60 bank members worldwide, and PNC was the first of its members to report progress with its BIAN deployment in February of 2015. It enabled PNC to provide a common technology language and taxonomy across the entire bank, across technologists and business partners.