>Frustratingly, there are few mechanisms for banks to communicate with each other. “In the US, there is a web portal for banks to contact each other on these is

>Frustratingly, there are few mechanisms for banks to communicate with each other. “In the US, there is a web portal for banks to contact each other on these issues. Here, it’s just email, Blomfield adds. “Sometimes we are even told to use a fax.” Interesting. In many ways the Americans are far behind (still writing checks, lack of chip and pin) but in this arena they have Europe beat.