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Making a Profitable Transition from Paper to Electronic Payment Processing |
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The payments landscape is becoming increasingly blended, and paper checks are sharing it with an ever-expanding variety of electronic payment alternatives. As this occurs, banks face prodigious revenue risk at the hands of nimble, non-traditional payments processors1. The new imperative for banks, therefore, is to architect a profitable transition from paper to electronic payment processing. This discussion paper presents one strategy for doing so, along with an approach to the many implementation challenges that such a transition poses.
http://www.alogent.com/assets/downloads/pdf/BankOne-AlogentWhitePaper-PaperToE.pdf |
