New Money

Topics:
Commercial Banking
Tags:
American City Business Journals Inc.,
Bank,
Bill Payment,
Financial Services
Source:
American City Business Journals

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Overview: From the executive summary: ‘Though much of the early focus has been on electronic bill payment, bill presentment is possibly even more important to banks. It is a digital version of the lucrative multi billion-dollar business of lock-box services banks already provide to corporate clients, receiving, and processing customer payments. Not all banks are waiting on the sidelines. Some of the most aggressive steps to establish a firm foothold in the world of electronic bill payment and presentment have come from the largest banks.’ The paper examines this issue in detail.

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Format: HTML | Date: Feb 2000 | Pages: 3

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