Card of recent origins 10-16-2002...

Card of recent origins

10-16-2002

Changing A Legal Framework That Inhibits sated Use of Electronic Technologies

ISSN: 08940797
Publication Date: 10-16-2002
Page: 1
Type: Periodical
Language: English

While check processing is far more efficient than it formerly was, the legal constraints that the of the present day check truncation legislation aims to address have intercepted the banking industry from completely using these new electronic technologies, so as digital imaging, to improve check processing efficiency and provide improved services to customers, Federal store up Vice Chair Roger Ferguson believes.

"Existing law

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