On Thu, 16 Nov 2000, John David Galt wrote:

> As the US banking system (and especially the bank clearinghouses controlled
> by the Federal Reserve system) has gone electronic, all the banks I know of
> have stopped bothering to verify the signatures on checks, and similarly
> those on credit- and debit-card drafts.  Getting them to start using digital
> signatures would be a big improvement over the current wide-open situation.

True, although a simpler (albeit less secure) measure would be to increase
the length of the tracking number so that it's unguessable (it may already
be that way - if so, never mind.)

-Bram Cohen


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