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Federal Reserve Takes a Bath on Paper Checks
Declining check volumes, and the prospect of more to come as a result of Check 21, has led the Federal Reserve to predict a sharp increase in the price of paper-based payment services.
Banks In Need of Payments Czars
At a time when dramatic changes and challenges are hitting the payment space, banks should empower a senior executive with enough clout to execute an enterprise-wide payment strategy.
Banks Upgrade Check Fraud Detection
Bank of New York is among those implementing a positive-payee system to identify checks with changes to the payee line.
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