Security is hard, in whatever field. Customers do want to be able to get service at their bank, without jumping through crazy hoops. That said, bank security i

Security is hard, in whatever field. Customers do want to be able to get service at their bank, without jumping through crazy hoops. That said, bank security in the US is generally awful. Checks should not exist - they are a concept out of another era. Actually, in the US, just having someone's account number enables you to withdraw money from their account. That is just nuts. By now, all money transfers should be electronic and immediate. Where I am, we use the "Twint" service. Want to pay in a shop? Scan a QR code off the card reader, then click ok. Want to send money to a private person? Select them from your contacts, enter the amount, click ok. Transfers are completed in seconds, which also eliminates the issue of bouncing checks.