Chase, RBC Sign Off on E-Signatures

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'The Law Penalizes the Consumers It Set Out to Protect': Comments of the Week

American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.

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I think that bank's legal departments are too busy building internal walls (in the organization) rather than focus their energy in breaking some anachronistic regulatory walls! by working together in the Banker's union.
As evidence, in many countries FAX messages are more regulatory acceptable then electronically signed messages. I've seen some fax forms that has traveled through "a workflow". One can't read them because of quality degradation... yet, they are OK because it's legally approved.
Posted by yakig | Saturday, February 16 2013 at 6:26AM ET
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