Make the Right Moves in Your Payments Strategy: Payments Planning in a Post-Check 21 Environment

Topics:
Commercial Banking
Tags:
Finance,
Operational Accounting,
Payment
Source:
Carreker

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Overview: Now that Check 21 has passed, banks and their customers are entering into an era of unprecedented change. Pressure on earnings, new forms of competition, and evolving payments streams have already had a significant impact on the 2005 budget from both revenue and cost perspectives. Banks are being challenged as never before to design and implement plans that achieve near-term earnings goals while establishing a longer-term strategy that addresses the ongoing, continuous changes in payments. Challenges abound for any bank planning to succeed in the payments business. This article puts light into these challenges and discusses the measures to meet them.

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Format: PDF | Size: 156KB | Date: Nov 2004 | Pages: 2


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