Sunday, March 7, 2010

Progress...Finally!

Interesting tidbit in the WSJ yesterday - The Fed is down to one site in Cleveland, Ohio from forty five sites 7 years ago that processed paper checks. I specifically recall sitting with the CEO of the company I worked for back in the early '80s as he proclaimed we would be completely checkless within that decade. And you wonder where I get my skepticism about the pace of change in payments!!!!

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