Bank Industry Prepares For Electronic Check Law

Topics:
Commercial Banking
Tags:
American City Business Journals Inc.,
Bank,
Bank Industry,
Banking,
Financial Services,
Online Banking
Source:
American City Business Journals

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Overview: Most banks believe that the introduction of new banking rules will help in checking frauds. The new rules allow banks to process cheques electronically. Experts say that it could hamper investigations into forgeries and other crimes. The banks believe that the rules could encourage more customers to use online banking services that, among other things, display cheque images to service subscribers. The paper examines this issue in detail.

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Format: HTML | Date: Aug 2004 | Pages: 3

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