Argentine Government and Banks Create ‘banco.ar’

The Argentine government, in cooperation with the banking industry in the country, has agreed to create the second level domain “banco.ar” with the aim of hindering virtual fraud against users of home banking in Argentina.

The creation of the second level domain “will give even more strength to the idea of creating new secure spaces in the virtual world through restricted domains that will allow more security for users.”

The move to create banco.ar follows Brazil who has already adopted this idea by creating the second level domain “B.BR” “that can only be used by financial entities that accredit a high level of security against virtual fraud.”

This information was sourced from www.infobaeprofesional.com and comes courtesy of NameAction.