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Re: stockonomy post# 109930

Monday, 04/07/2014 12:49:43 AM

Monday, April 07, 2014 12:49:43 AM

Post# of 298910
The FED never used MYEC as an Example, it was an author of an article who did it:

An Examination of Remotely Created Checks
By Ana R. Cavazos-Wright1
The paper is intended for informational purposes and the views expressed in this paper are those of the author and do not necessarily reflect those of the Federal Reserve Bank of Atlanta or the Federal Reserve System.


PAge 4 - (26)

26 For example: AE Checking, CheckSavers, Landmark Clearing, and MyECheck. Editor’s note: the Federal Reserve does not endorse any third party product or service, and these companies are listed as examples only to illustrate the point.

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