By 2025 the world will have a checkless society.

Electronic banking reduces paper, employees, and mailing costs.

You have up to 1 year to notify your bank of an account error.

Financial institutions have up to 90 days to investigate account errors.

Your loss limit is the same for stolen debit and stolen credit cards.

With debit cards, fraudulent charges remain on your account until an investigation is complete.

You are liable for a new account created in your name without your permission.

You can be required to pay your bills by electronic fund transfer (EFT).

Dumpster diving, skimming, and phishing are ways in which your identity may be stolen.

The best way to keep your identity from being stolen is to seldom use your credit / debit cards.

You are entitled to one free credit rating report per year per provider.

Checks can be washed.

Roughly one million peer-to-peer file sharing activities every day ask for credit cards, tax returns, and banking records.

1 in 10 identity thefts go unnoticed for over two years.