CHECK PROCESSING GOING DIGITAL

WASHINGTON -- A new Federal law allowing for all-electronic check transaction processing promises to make having reliable and secure network services even more of a necessity going forward.On Oct. 28, The Check Clearing for the 21st Century Act will take effect, allowing banks to send a digital image of a check to the processing bank rather than the physical check itself.The legislation was signed

WASHINGTON -- A new Federal law allowing for all-electronic check transaction processing promises to make having reliable and secure network services even more of a necessity going forward.

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