Check 21 and Corporate Customer Retention Getting Them Ready for October
- Topics:
- Commercial Banking
- Tags:
- Bank,
- Carreker Corp.,
- Check 21,
- Financial Services
- Source:
- Carreker
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Overview: After years of fighting for Check 21, banks are now scrambling to address its implications. Check 21 is clearly the proverbial double-edged sword - in danger of harming those who are not careful of how they wield its power. Nowhere is the stream of countervailing discoveries more pronounced than in the impact of Check 21 and image exchange to banks' corporate and commercial relationships. While no longer bound to a physical branch footprint in the quest for new deposits, banks must now face new out-of-town competition for funds that have been "owned" for years. While boasting of the progress made at identifying and preventing fraud, the industry is now confronted by a whole new beast ? one that we invited to the table.
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Format: PDF | Size: 498KB | Date: May 2004 | Pages: 11
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