Financial Services Roundtable and many other industries organization established a new institution named by FTLD Registry Services, accepting the registration of .bank. According to the report by the institution, all goes well. The number of the domain names applied for registration increased in May. Presently, tens of thousands of banks show their interests in it or they might care about the chaos caused by the large-scale expansion of domain names by ICANN (organization responsible for coordinating the maintenance and procedures of several databases related to the names of the Internet), such as the fraud cases, the network deception and Phising which would put banks at a disadvantage. As a result, .bank might screen banks from these threats.
