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.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.