The Domino Effect of Check 21 Paving a Path for Banks to Redefine and Reclaim the Payment System
- Topics:
- Commercial Banking
- Tags:
- Bank,
- Operational Accounting,
- IBM Lotus Domino,
- Financial Services,
- Finance,
- Event,
- Domino Theory,
- Check 21,
- Carreker Corp.,
- Payment
- Source:
- Carreker
FREE Registration is required
Overview: Domino theories are invoked when a seemingly simple or isolated event is predicted to provoke a series of reactions whose cumulative effect is both momentous and distant from the original event. The enactment of Check 21 will entrain such a series of events in the payment system. These events ? some profound, some mundane, some desirable, some confronting ? can pave the way for commercial banks to reestablish their preeminence in the business of payments.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: PDF | Size: 614KB | Date: Dec 2003 | Pages: 8
