|
|
Home > Business/Finance > Financial Services > Electronic Transactions
The “Electronic Check”: Making Sense of a Multiplicity of Meanings
|
| Published Date:
August 2000
Published By:
TowerGroup
Page Count:
8
Order Code:
R301-673
|
|
|
|
| The term "electronic check" has a multiplicity of meanings in the global banking industry: the "electronic check" based on the Financial Services Markup Language (FSML); the Internet-based "electronic check" used for online payments; electronic check conversion; and electronic check presentment. This confusion results from the fact that the banking industry is currently in a period of transition where certain aspects of paper check payments are being "electronified" to improve process efficiencies, while entirely new and different "checklike" payment instruments are emerging and being adopted by the industry.
This TowerGroup Research Note explores the transition of the "check" from a payment instrument based entirely on a paper format to one based on a fully electronic format, with variations in between. It provides a view of the differences between the various types of "electronic check" and where each one fits in the transition from paper-based payments to electronic payments.
|
Similar Products
• Mobile Banking and Payments, September 2008: Leaders, Laggards, and New Trends
Published Oct 2008 by TowerGroup
• Geography Is No Longer a Barrier for International Mobile Remittances
Published Oct 2008 by Yankee Group
• Emerging Media and Technology - UK
Published Oct 2008 by Mintel International Group Ltd.
• Data Breaches: What Should Banks, Payments Firms and Merchants do to Protect Brand Equity and Customer Loyalty?
Published Oct 2008 by Javelin Strategy & Research
• Mobile-Banking Consumer Behaviors How Segmentation and an Emphasis on Smartphone Users Will Build Profits, Loyalty and Adoption
Published Oct 2008 by Javelin Strategy & Research
• Banking on PHRs and the Personal Health Technology Platforms
Published Sep 2008 by IDC
• The Future of Electronic Payment Technology in New Zealand: A Market Overview
Published Sep 2008 by IDC
• Mobile Banking and Payments, August 2008: Leaders, Laggards, and New Trends
Published Sep 2008 by TowerGroup
• Noncash Is King: Electronic Payments Growing Faster Than Inflation and Quickly Diversifying
Published Sep 2008 by TowerGroup
• Online Financial Services in Australia 2008
Published Sep 2008 by Datamonitor
|
|
|
|
0 items
