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To: TLindt who wrote (5501)6/30/1998 8:10:00 PM
From: Benny Baga  Read Replies (2) | Respond to of 8545
 
Good find Tom. I think the topic of 'e-check' would make for some good questions for the fishing trip. I'm currently working on some other good questions for the trip (i.e. NationsBank).

Benny



To: TLindt who wrote (5501)6/30/1998 8:30:00 PM
From: AugustWest  Respond to of 8545
 
Here a link, there a link, every where a link, link.
But what(from BIPS) does this mean?

The Pathway to a Solution
The financial services industry can help corporations--and eventually consumers--process electronic payments over the Internet by developing several components that are necessary to support secure electronic transactions:

>An architecture

>An open specification

>A secure methodology for spontaneous payment instructions to be initiated over open public networks

>A standard interface to existing bank payments systems.