"Journal of Payment Systems Law" from Sheshunoff Information.

Sheshunoff Information Services (Austin, TX) has begun the publication of the Journal of Payment Systems Law, a title that covers the laws regarding the "radical transformation" of payment systems, Sheshunoff said, including Check 21. It will be published eight times a year and an annual subscription costs $325.

Sheshunoff said the new journal is designed to be a guide to the legal implications of conducting business in a "new environment" of privacy demands, anti-money laundering requirements and related regulations and laws enacted during the past few years. Articles and columns discuss developments relating to new alternative systems, including person-to-person money transfer systems such as PayPal, electronic benefit cards, electronic gift cards and ACH networks.

Content also includes coverage of established systems such as point-of-sale systems, debit cards, credit cards, ATMs, corporate, consumer and bank paper checks, cash, and electronic fund transfers. The journal carries information on federal and state laws and regulatory developments that affect payment systems, from the UCC to the Electronic Funds Transfer Act and the Expidited Funds Availability Act, as well as Check 21. It also includes information on how newer systems can limit exposure to fraud forgery and hacking.