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Article #5100

Re: Subject: Electronic Banking

#5100
From: John Eaton
Date: Mon, 11 Jan 1993 15:51
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Terry Quinn (tquinn@heartland.bradley.edu) wrote:
:  
: Our credit union (CEFCU) in central Illinois has what is called 
: Touch-Tone Teller.  It allows you to make transfers, payments, 
: and inquiries between accounts (including credit card account) by 
: use of a touch tone phone.  You might ask the banks there if they 
: would consider that service.  
:  
: Between this service, ATMs, and using the mail for physical 
: checks, we haven't been into one of the actual credit union branch 
: stores in about 5 years.
: 
: --
A lot of banks are going to this service. One big problem is that instead
of issueing a unique PIN for access many simply use the last four digits
of the Tax ID number assigned to the account. Any business you write a 
check to can get your SSN and have access to your account. 

John Eaton
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From: johne@PROBLEM_WITH_INEWS_GATEWAY_FILE (John Eaton)
Subject: Re: Subject: Electronic Banking
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Date: Mon, 11 Jan 1993 15:51:19 GMT
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