The which has about 500 participants, just completed the annual process of electing its board of advisors. and were among the victorious candidates this week, winning a combined 14 elected positions on the 21-member advisory board, which will be providing feedback on upcoming initiatives.

Among these initiatives are possible new requirements around the use of virtualization and wireless technologies, as well as more definitive answers on how to "scope," or set the limits of, a PCI assessment.

Still unclear is whether the council will back the concept of end-to-end encryption as a way for the industry to help fight payment-card fraud, such as the breach that struck earlier this year.

While no deadlines have been set, the council does expect this summer to take a stab at creating a guidance document for use of wireless, says Lib De Veyra, chair of the council. The main input for that effort will come from the Wireless Special Interest Group (SIG), headed up by Verifone.

It is also anticipated that by  year-end there will be implementation guidelines on use of virtualization technologies, according to Troy Leach, the council's technical director. Much of that input will come from the Virtualization SIG, headed by Bank of America.