----- Original Message ----- From: "Don Park" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Wednesday, June 11, 2003 11:50 AM Subject: RE: Largest Overhaul Of Check Processing In 50 Years In Sight
> > Did I read this correctly? > > Transferring _images_ of paper-checks? > > > > The US banking industry must be one of the most under-developed > > areas of the entire e-universe! > > It sounds idiotic, but sometimes simple solutions work best in a complex > hodge-podge of legacy issues. But then, I am not too happy about digital > images of my signature being tossed around. > > Best, > > Don Park > http://www.docuverse.com/ > http://www.docuverse.com/blog/donpark/ Actually, due to the need to record and preserve mixed data types on both sides of a check for audit and liability purposes, they have little choice. I would expect the banks to distribute via signed PDF formas to minimize interoperability issues between financial institutions, law firms, government agencies and clients. Robert Frank http://www.opencommerce.com/company.html
