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Home  > Business/Finance  >  Financial Services  >  Electronic Transactions

Checks in Decline: The Tipping Point in Electronic Payments and Its Impact on US Cash Management


Published Date: January 2005
Published By: TowerGroup
Page Count: 7
Order Code: R301-1005
 
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This TowerGroup Research Note examines the growing urgency for banking executives to refocus their product management and development to facilitate payment and remittance processing in a complex world where payment methods are rapidly converging. Those institutions that provide creative solutions that allow their corporate customers to efficiently process payments regardless of payment method while simultaneously improving customer and vendor relationships not only will replace their own lost check revenues but also will gain a larger share of the evolving cash management pie.

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