Consumer Check Payments Outsourcing Decisions in the ARC & Check 21 Era

Topics:
Commercial Banking
Tags:
Business Operations,
Check 21,
Electronic Payment,
Financial Services,
It Operations,
Mellon,
Outsourcing,
Outsourcing & Subcontracting,
Payment
Source:
Mellon

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Overview: Enter Check 21, accounts receivable conversion (ARC) and a slew of electronic payment alternatives from NACHA. These combined with evolving consumer habits and advances in retail lockbox technology, are causing many business to wonder if they need to change their process or if it should be their process. For many outsourcing is an attractive alternative. This article puts down certain factors that need to be considered to determine if outsourcing may make sense for business.

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Format: PDF | Size: 1,229KB | Date: Jan 2005 | Pages: 3

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