Electronic checks: How secure are they?: “Electronic checks: How secure are they?”
“There’s no doubt about it: Computer technology makes life easier for con artists and identity thieves. Last month, with great fanfare, the U.S. Federal Reserve rolled out its redesigned twenty-dollar bill, citing among other reasons for the new currency the fact that criminals can now scan and print counterfeit bills using low-cost computers and color laser printers. ”
– A nifty little idea that lets the banks retain their float, and hence their profit engine, while making checks more secure for businesses by reducing fraud. Also, another step forward towards the day of totally electronic money. -ed.