As part of a Massachusetts automation initiative, the state banking regulator is testing a system on which financial institutions transmit interest rate listings over the Internet.

The Division of Banks recently announced a yearlong pilot involving the issuance of GTE Cybertrust digital certificates to 200 banks, credit unions, and mortgage lenders. The certificates assure that weekly rate postings via the state Web site are authentic and have not been tampered with. Disclosures posted before effective dates stay private until it is appropriate to release them.

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