Court Ruling Shakes Up Wire Transfer Industry: Banks React to Groundbreaking Decision
Banks Alarmed by Ruling on Wire transfers, Seek fast Appeal A recent ruling by a New York federal court has sent shockwaves through the banking industry, prompting immediate calls for review. The court’s decision, delivered on Jan. 21 by District Judge J. Paul Oetken, asserts that a wire transfer can be broken down into component … Read more