WE GET IT: Banks have to "take care of [customers'] privacy, says Bob Steen, the CEO of Bridge Community Bank in Iowa. "If things slip through the cracks we pay the price."

Security Dominates Concerns at Hearing on Speeding Payments

State regulators quizzed bankers and payments executives about the benefits and risks associated with improvements to the payments system, including same-day transactions. The industry officials assured them the new system would be secure though they were short on details.

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