Fed vice chair sees promise of proposed Check Truncation Act

Anonymous

Financial Update, 2003, vol. 16, issue Q 2

Abstract: If the proposed Check Truncation Act is enacted, it will remove existing legal barriers to the use of new technology in check processing. These reforms will make check collections more efficient and more cost effective.

Keywords: Checks; Check collection systems (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedafu:y:2003:i:q2:n:v.16no.2:x:7

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