Alliance for Affinity Security Launches
The Alliance for Affinity Security has announced its launch focusing on administering new affinity programs designed to encourage the adoption of employer group health savings accounts (HSAs) and other defined contribution health care accounts, such as flexible spending accounts
Active in the formation of the Alliance were American Express, Visa, ADP, Trustar, Pershing, Bank of New York, Flexible Benefit Service Corporation, DataPath, Inc., MBI, P&W Software, Motivano, and Evolution Benefits, Inc.
The Alliance is managing certification and accreditation programs for the Employers Council on Flexible Compensation (ECFC), including on-line testing for individual certification and for accredited service providers.
"The Board of ECFC felt that this was an excellent way to recognize the value of our name and logo as well as to provide an additional service to ECFC members and, beyond, to the entire flexible benefits community," said Bonnie B. Whyte, ECFC president. "We will now be able to manage ECFC affairs more efficiently and with less cost, while deriving independent royalty income."
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