Found this in the St Paul Pioneer Press yesterday, no wire service attribution. Cyber banking risks cited New York Smart Cards, on-line banking and other high-tech consumer payment services could be exploited by money launderers and other crooks, a Treasury Department official warned Wednesday. Stanley Morris, director of the Financial Crimes Enforcement Network, said that government and regulatory agencies believe the new systems, known as cyber banking, will profoundly alter financial services in the future. "The government has got to get its act together" and quickly decide on whether on-line banking systems and smart cards require new regulations," Morris said. Morris spoke to reporters after a day-long closed-door meeting of bankers, regulators, law enforcement officials and technology executives sponsored by FinCen, the governments anti-money laundering agency. --- end article --- -- Kevin Prigge | Holes in whats left of my reason, CIS Consultant | holes in the knees of my blues, Computer & Information Services | odds against me been increasin' email: klp@cis.umn.edu | but I'll pull through...