> Why have banks moved and are moving more and more
> a w a y from paper?
To save money. Security has little to do with, compared to the effect of
cost-reduction.
/r$
At 7:15 PM -0700 8/10/00, Ed Gerck wrote:
>Hi Salz!
>
>Saving time, labor money and gaining in the money market for transaction
>time differentials was the banks initial motivation but the co$t advantages
>of unsupervised authentication assurances, liability confinment and
>real-time auditing
J
At 11:50 AM -0600 10/20/2000, Bob Jueneman wrote:
>Let's put this problem in perspective, and try to avoid the "chicken
>little, the sky is falling" syndrome.
>
>It's quite unlikely that someone would come up with "Eureka!" type
>of solution to factoring large numbers that would end up complete
