Enhancing Your Check 21 Business Case?

Topics:
Commercial Banking
Tags:
Bank,
BearingPoint Inc.,
Check 21,
Financial Services
Source:
BearingPoint

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Overview: Check 21 details how banks will handle the consumer implications of the act. However, it does not provide banks with guidance around inter and intra-bank image electronic processing. This means there is no clear direction about what should and should not be included in the ROI/business case, essentially causing the make or break resulting ROI. Nevertheless, this paper submits a clear and compelling business case to implement 'Straight Through Check Processing' as a profitable precursor to the Post-Check 21 environment and beyond. This paper presents three tenets that are critical to banks in order to navigate a profitable transition from paper to electronic payments processing.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 627KB | Date: Aug 2003 | Pages: 14

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