Friday, March 2, 2007

Ottawa to Include Banks' Electronic Payment System in Probe

Financial Post, Paul Vieira, 2 March 2007House of Commons finance committee voted yesterday to extend its probe of the banking industry to include the electronic payment system, a move one committee member said could make the ATM fee debate look like "chump change."At issue is the two or three days it takes for a payment, done through Internet banking, to kick-in. MPs want to know why, with

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