An Intelligent Agents-Based Virtually Defaultless Check System: The SafeCheck System

• Main Authors: YOON, Han Seong, LEE, Jae Kyu
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2000
• Subjects: Check systems; default risk; electronic payments; intelligent agents; security; Computer Sciences; E-Commerce
• Online Access: https://ink.library.smu.edu.sg/sis_research/1158; http://www.jstor.org/stable/27750939
• Institution: Singapore Management University

The conventional system of paper checkbooks with multiple checks carries a significant risk of default because no form of authorization is required when individual checks are written, although implicitly each checkbook is authorized when it is issued to the payer. Nonetheless, checks are a less expe...