BAI (Banking Administration Institute) is the leading professional organization for the financial services industry, especially in the United States. BAI publishes a trade journal called Banking Strategies and disseminates information through seminars, graduate schools, and conferences (e.g., the Retail Delivery Conference & Expo).
BAI works extensively with organizations in both the public and private sectors to promote consistent standards and the use of technology in banking and finance.
Starting in 1980, BAI developed the BAI format standard for the EDI of cash management balance reporting data. Electronic Data Interchange (EDI) is the computer-to-computer exchange of structured information, by agreed message standards, from one computer application to another by electronic means and with a minimum of human intervention. ...
As of 1997, BAI has co-sponsored with ECCHO (Electronic Check Clearing House Organization) the National Electronic Check and Image Exchange Conference. [1]
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