Should Large U.S. Banks Outsource Their Check Processing?

Topics:
Strategic Management Tools
Tags:
Bank,
Bill Payment,
CMP Media,
Financial Services
Source:
CMP Media

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Overview: From the executive summary: ‘Although the largest U.S. banks have aggressively outsourced the processing of credit card and electronic bill payment transactions, almost all of these banks process checks in-house. With check volume declining and new technologies introduced to electronify the processing of checks, the paper argues that banks should re-examine their transaction processing strategy and consider outsourcing some or all of their back-office check processing functions.’ This issue is examined in detail.

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Format: HTML | Date: Mar 2004 | Pages: 2

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