WASHINGTON - First Union Corp. has emerged as an invaluable source to BITS, the technology arm of the Financial Services Roundtable, as it nears a Nov. 8 deadline for issuing guidelines on account aggregation.

The Charlotte, N.C.-based banking company was alone in drawing attention to the issues of customer security and privacy raised by aggregation as far back as December, when most other financial institutions were still struggling to figure out what aggregation was and whether they should participate.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.