By changing its name from The National Association for Bank Servicers to the Association for Financial Technology, the consortium of data processing service bureaus is hoping to take on a larger role in bank technology.

Founded 22 years ago, the group--which includes some of the largest outsources such as EDS Corp., M&I Data Services, FIserv Inc. and The Bisys Group--was only open to firms that processed bank and thrift savings accounts and loans. For most of its existence, it operated behind the scenes and did little more than sponsor semi-annual gatherings of its 60 or so members. One of the group's more active participants acknowledges that exclusivity cut it off from a growing proportion of the bank technology industry, particularly in recent years.

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