LONDON (Alliance News) - CentralNic PLC Monday said it has made new domain names available for financial institutions under the top-level domain .BANK, via its CentralNic FinTech business.
CentralNic said that over 4,000 .BANK domain names have already been requested.
"As the internet becomes increasingly vital for the global banking industry, the .BANK Top-Level Domain addresses a number of urgent needs. By making it easier for consumers and search engines to distinguish legitimate bank websites, the .BANK designation will help combat online fraud, improve consumer protection and simultaneously reduce the burden of security costs for the banking community," said Chief Executive Officer Ben Crawford in a statement.
Top-level domains are suffixes to web addresses such as .com and .co.uk. Until recently only a limited number have been allowed, but industry regulator the Internet Corporation for Assigned Names and Numbers has allowed the introduction of new top-level domains as part of a wider restructuring of the internet.
Shares in CentralNic are trading up 0.8% at 37.30 pence Monday morning.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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