X9 Financial PKI

The X9 public website continues to be updated with new information about the X9 Financial PKI work. For more details, please visit our public website at www.x9.org and look under the menu item "X9 Financial PKI."

Production X9 Financial PKI products are now available for purchase from Digicert. See our X9.org web site for links to DigiCert for more details or to download the current use cases.

PQC UAT Certificates Are Here

On September 10, 2025, DigiCert and X9 held a signing ceremony to establish the first Post-Quantum Cryptography (PQC) root certificate designed specifically for the financial industry. This marks a major milestone in securing digital communications against future quantum computer attacks. User Acceptance Testing (UAT) certificates are now available, enabling organizations to test real quantum-safe PKI functionality in practical scenarios and prepare for production environments For details, please contact X9 Staff or DigiCert.

Financial News

The Unstoppable Rise of Generative AI in Financial Services.

Generative AI is transforming financial services by automating routine tasks like data entry and compliance checks, reducing errors and enabling strategic focus. It personalizes customer experiences through intelligent chatbots and virtual assistants, providing tailored advice. Google Cloud highlights rapid adoption, with nearly 80% of the industry using Gen AI for real-time transaction analysis, productivity gains, and risk management. Tools analyze vast datasets for market trends, forecasting, and stress-testing. Partnerships with Starling Bank and Ecobank enhance customer interactions and financial literacy.


Why it matters for FIs/X9 members: Showcases Gen AI's impact on transactions and risk in finance, relevant to X9 standards for AI, payments, and data protection in banking operations.

URL: FinTech Magazine

Quantum Computing: When Will It Really Change Finance and Security?

JQuantum computing promises to revolutionize finance through enhanced portfolio optimization, risk management, derivative pricing, and fraud detection via quantum algorithms. Banks like JPMorgan Chase, Goldman Sachs, and HSBC are experimenting with IBM and D-Wave. It threatens current encryption standards with Shor's and Grover's algorithms, endangering global payments, cybersecurity, and digital privacy, prompting NIST-led post-quantum cryptography (PQC) development. Quantum AI could boost machine learning for predictive finance. Timelines: hybrid systems by 2025-2030, fault-tolerant quantum advantage 2030-2040, full impact beyond 2040.

Why it matters for FIs/X9 members: Explores quantum's dual role in advancing and threatening financial security, including payments, supporting X9's quantum computing and PKI standards.

URL: Plutus Insights

For Banks and Credit Unions, AI Can Be Risky. But What's Riskier? Falling Behind.

Banks and credit unions face AI risks like data exposure and compliance issues, but falling behind competitors is riskier. Leaders should start with low-risk, high-impact contact center applications, such as voice biometrics for authentication, virtual agents for routine tasks, behavioral fraud detection, and AI-assisted onboarding. Testing in secure sandbox environments allows safe experimentation, ROI proof, and data gap identification without enterprise overhauls. Early adopters, like an Arizona credit union, achieved a 20% reduction in member escalations and 21-second shorter average call times, enhancing customer satisfaction and competitiveness for smaller institutions.

Why it matters for FIs/X9 members: Addresses AI implementation risks and benefits in financial institutions, aligning with X9's focus on data protection, payments, and AI standards to mitigate threats and promote innovation.

URL: Financial Brand

European Banks Unite to Launch Euro Stablecoin

UniCredit, along with eight major European banks including ING and CaixaBank, has formed a consortium to launch a euro-denominated stablecoin, regulated under the EU's MiCA framework, with issuance planned for mid-2026. This stablecoin, leveraging blockchain, aims to establish a trusted European payment standard, facilitating fast, secure, and low-cost transactions for retail and corporate users, including 24/7 cross-border payments. The initiative addresses the lack of a EUR-native digital payment rail in Europe, dominated by US stablecoins, and will enable banks to offer services like stablecoin wallets, enhancing Europe's financial sovereignty and payment ecosystem while complying with stringent regulations.

Why it matters for FIs/X9 members: U.S. bankers should watch this for cross-Atlantic implications on stablecoin adoption in payments, potentially informing competitive strategies in digital assets. X9 members, focused on global payment standards interoperability (e.g., ISO 20022 via X9), can draw parallels to advocate for U.S. frameworks, ensuring seamless integration and regulatory alignment in blockchain-based payments.

URL: UniCredit

Fujitsu and Sony Bank Partner to Integrate Generative AI into Core Banking System Design and Development

Fujitsu Limited and Sony Bank, Inc. announced on October 6, 2025, the integration of generative AI into the development of Sony Bank's new core banking system, powered by Fujitsu's solution. Following Sony Bank's full cloud shift in May 2025, this initiative began in September 2025 and aims to establish an AI-driven development ecosystem. By April 2026, generative AI will be applied across all projects, targeting a 20% reduction in development times using Fujitsu's RAG technology on AWS. The partnership seeks to enhance efficiency, scalability, and innovation in Japan's financial industry.

Why it matters for FIs/X9 members: Demonstrates practical AI adoption in core banking systems, informing standards for payments, data protection, and AI in financial operations.

URL: Fujitsu Newsroom

General X9 News

X9 Fall Board & Consensus Body Meetings

The X9 Fall 2025 Board meeting will be here soon. Ambria has sent out notices for the Board and the Consensus Body meetings. This the schedule of events:

• Consensus Body: Tuesday, October 28, 2025, from 1pm to 5pm.
• Board: Wednesday, October 29, 2025, from 9am to 1pm.

These will be a hybrid meetings with those able to attend in-person meeting in the X9 Annapolis Conference Room and the rest by WebEx. There will also be a Board dinner on Tuesday night. Please let staff know whether you plan to attend, and indicate if you’ll join in person or virtually.

FPC and X9 Form Strategic Alliance

Today, the U.S. Faster Payments Council (FPC) and Accredited Standards Committee X9 (X9) announced that they have formed a strategic alliance to accelerate development and adoption of standards for faster payments in the U.S. Combining FPC's industry insights with X9's ANSI-accredited expertise, the partnership focuses on secure, interoperable standards for payments, fraud mitigation, and cross-border transactions. It will inform standards via FPC Work Groups and launch a Joint Standards Steering Committee in early 2026. X9's standards also cover AI, quantum computing, and secure payments.

URL: BusinessWire

X9 Board & Consensus Body Separation

Effective today, X9 has completed the physical separation of its two governance tracks: the X9 Board (business and organizational matters) and the X9 Consensus Body (standards activities). This step completes work that began when the American National Standards Institute (ANSI) required X9 to separate business functions from standards functions. For many years we have already met separately, maintained distinct agendas and minutes, and followed procedures tailored to each body. The final step was to establish separate websites.

What this means:

• Each body now has its own website (or community), which will improve clarity and allow us to issue ballots only to the appropriate group. The Board will handle business issues and the Consensus Body will handle standards related issues.

• For now, the membership of the Board and the Consensus Body is identical. Over the next six months, changes to Board rules will take effect and Board composition may change. No changes are expected for the Consensus Body.
  

Board members: please plan to attend the Fall Board meeting on Wednesday, October 29, 2025. We will provide more information there.



In the meantime, if you have questions, please contact any X9 staff member or the Board Chair.

X9 Meetings

10/6/25 – Monday

• TR 60 Project Meeting; 10:00am - 11:00am EDT

10/7/25 – Tuesday

• None

10/8/25 – Wednesday

• EC Conference Call: 11:00am - 12:30pm EDT
• X9F4 - X9.111 Pen Test Meeting; 11:00am - 12:00pm ET
• X9F4 Monthly Meeting; 1:00pm - 2:00pm ET
• X9F1 Monthly Meeting; 2:00pm - 3:00pm ET

10/9/25 – Thursday

• M&M Conference Call; 12:00pm - 1:0pm EDT
• AI Study Group Meeting; 3:00pm - 4:00pm ET

10/10/25 – Friday

• None

10/13/25 – Monday

• None

10/14/25 – Tuesday

• X9 M&M Monthly Call; 12:00pm - 1:00pm EDT
• X9 PKI Industry Forum Monthly Meeting; 1:00pm - 2:00pm EDT
• PCI PIN Mirror Group Call; 3:00pm - 4:30pm EDT

10/15/25 – Wednesday

• X9F4 - X9.112 Wireless Meeting; 12:00pm - 1:00pm EDT
• ISO 20022 Market Practice Industry Forum Meeting; 12:00pm - 1:00pm EDT
• X9C Monthly Meeting; 1:30pm - 2:30pm EDT
• X9 Finance Committee Meeting; 3:00pm - 4:00pm EDT

10/16/25 – Thursday

• Monthly Policy Meeting; 10:30am - 11:30am EDT
• X9A11 EBT Monthly Meeting; 11:00am - 12:00pm ET
• X9F4 - TR-55 ZTA Meeting; 11:00am - 12:00pm ET
• X9D/SC8 TAG Monthly Meeting;  12:00pm - 1:00pm EDT
• X9A4 QR Code Payment WG Meeting; 12:00pm - 1:00pm EDT

10/17/25 – Friday

• X9F4 TR-53 Cybersecurity Variance Index Monthly Meeting; 10:30am - 11:30am EDT
• X9C2 B2B Virtual Purchase Card WG; 1:00pm - 2:00pm ET

ISO Standards Meetings

10/6/25 – Monday

• None

10/7/25 – Tuesday

• None

10/8/25 – Wednesday

• None

10/9/25 – Thursday

• TC68/TG1 Communications; 9:00am EDT

10/10/25 – Friday

• SC9 TAG Call; 10:30am EDT

10/13/25 – Monday

• None

10/14/25 – Tuesday

• TC68/SLG; 8:00am EDT

10/15/25 – Wednesday

• None

10/16/25 – Thursday

• None

10/17/25 – Friday

• TC68/TAG1 FinTech TAG; 10:00am EDT

X9 Ballot Information

Open Ballots: (Click the hyperlinks to vote)

X9/US Ballots

X9 Board Ballots (Category "A" Members)

• None

X9 Consensus Body Ballots (Category "A" Members)

• LB#2/25 EC Approval of Revised Certificate of Incorporation and Authorization to File a DBA; This ballot didn't receive enough votes to close. Two (2) additional vote is needed. The Ballot will close on 10/8/25. This is the last time this ballot can be reopened. Please review and vote. Voting Abstain counts towards a vote.
• 
  

X9A Ballots

• None

X9B Ballots

• X9B/25 LB #5 Election of X9B Vice Chair; Closes on 10/17/25
• INELIGIBLE

X9C Ballots

• None

X9D Ballots

• None

X9F Ballots

• X9F/25 LB #18 Election of X9F1 Chair; This ballot didn't receive enough votes to close. Two (2) additional vote is needed. The Ballot will close on 10/10/25. This is the last time this ballot can be reopened. Please review and vote. Voting Abstain counts towards a vote.
• X9F/25 LB #19 Election of X9F5 Chair; Closes on 10/17/25

ISO Ballots (Category "A" members)

U.S. TAG to ISO TC68

• None

U.S. TAG to TC68/SC9 & ISO 20022 RMG

• None

U.S. TAG to ISO TC68/SC8

• None

U.S. TAG to TC68/SC2

•  None

Results of Ballots that Closed Last Week: (Click the hyperlinks for more information.)

X9/US Ballots

X9 Board Ballot Results (Category "A" Members)

• None

X9 Consensus Body Ballot Results (Category "A" Members)

• None

X9A Ballots Results

• None

X9B Ballot Results

• None

X9C Ballot Results

• None

X9D Ballot Results

• None

X9F Ballot Results

• None

ISO Ballots (Category "A" members)

U.S. TAG to ISO TC68

• None

US TAG to TC68/SC9/ISO 20022 RMG

• None

US TAG to TC68/SC8

• None

US TAG to TC68/SC2

• None

U.S. TAG to ISO TC321

• None

Industry Forums and Study Group Ballots

• None 

Recently Published X9 Standards, Documents and Press Releases

New X9/ISO Notices

Where to Get Documents:

X9 Members: https://members.x9.org/higherlogic/ws/groups/f6faff3c-a996-4813-815e-018df7341352/documents/standards1553/document?document_id=29342

X9 Non-members: https://webstore.ansi.org/search/find?in=1&st=ANSI+X9.103-2010+%28R2025%29

X9 Program of Work 2025 (Everything about X9)

Did you know that X9 is comprised of 85 different groups? A top level X9 member can choose to join any or all of these groups. For more details, download a copy of the X9 Program of Work or contact a staff member.

Click to Download the X9 Program of Work 2025