Trusted, verified and now even more secure

November 25, 2016

We're among the first banks to abandon .com to pioneer the .bank domain. It's just one more way Lead Bank is doing business better.

What is the background of .BANK

In 2008, ICANN (the internet Corporation for Assigned Names and Numbers that is responsible for the stability and unification of the Internet) approved the program to open up the Internet to thousands of new gTLDs (generic top-level domains) in addition to existing ones such as .COM, .NET, .EDU and .ORG. In response to the expansion and in recognition of what this could mean for financial institutions, their customers and Internet users, a coalition of banks and financial services trade associations partnered to establish fTLD Registry Services (fTLD) in order to apply for and operate the .BANK gTLDs on behalf of the global banking communities. fTLD was granted the right to operate .BANK on September 25, 2014.

Why .BANK?

.BANK will be a protected, trusted, more secure and easily identifiable space on the Internet for the global banking communities and the clients it serves. The .BANK gTLD will have enhanced security requirements that exceed most existing and new gTLDs. In addition, the .BANK domain is only eligible for verified members of the global banking community.

As a client, what will I notice that is different?

Lead Bank's new url and employee email address extensions will be updated to reflect this change.

New URL: lead.bank
Former URL: leadbankonline.com

Employees new email address: jdoe@lead.bank
Former employee email address: jdoe@leadbankonline.com

What do I need to do?

Nothing. You will be re-directed to the new Lead Bank URL. If you have saved leadbankonline.com in your "Favorites", then you should update your "Favorites" to lead.bank.

What are the enhanced Security Requirements in .BANK?

fTLD requires compliance with a set of requirements that are not currently mandated by the operators of other commercially available gTLDs, including:

  • Mandatory Verification of Charter/Licensure for Regulated Entities ensures that only legitimate members of the global banking community are awarded domain names.
  • Mandatory Re-verification of Registration Data every two years or at domain renewal, whichever comes first, ensures ongoing eligibility for domain names.
  • Domain Name System Security Extensions (DNSSEC) ensures that Internet users are landing on participants' actual websites and not being misdirected to malicious ones. fTLD will require that all domain levels, from fTLD as the top-level registry operator to your entity as the registrant, utilize DNSSEC for domains that resolve on the Internet.
  • Email Authentication to ensure that any change to registration data is made only by authorized users of the registered entity.
  • Enhanced Encryption to ensure security of communication over the Internet to prevent eavesdropping, data tampering, etc.
  • Prohibition of Proxy/Privacy Registration Services to ensure full disclosure of domain registration information so bad actors cannot hide.

Who is responsible for enforcing the enhanced Security Requirements and Policies in .BANK?

fTLD and in some cases its Registry Service Provider, Verisign, will be responsible for monitoring compliance with the relevant requirements. Registrars will play a role in enforcement as they have the direct relationship with the registrant. fTLD always retains the right to take action if the registrar fails to do so.

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External Link Disclaimer

Lead Bank has no control over information at any site hyperlinked to or from this Site. Lead Bank makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and is providing this hyperlink to you only as a convenience. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by Lead Bank of any information in any hyperlinked site. In no event shall Lead Bank be responsible for your use of a hyperlinked site.

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