Journal Article
Improving business payments by asking what corporations really want
Abstract: A recent study led by the New York Fed sheds light on the changes in the payment process that large corporations would most like to see. The study's results, summarized in this article, suggest that corporate treasurers and cash managers would particularly value enhancements that decrease unauthorized and insufficiently funded payments, streamline data formats, improve bank services and information posting, and reduce cross-border payment uncertainties.
Keywords: Electronic funds transfers; Corporations - Finance; Payment systems; Banks and banking - Customer services;
Access Documents
File(s): File format is text/html https://www.newyorkfed.org/medialibrary/media/research/current_issues/ci11-5.html
File(s): File format is application/pdf https://www.newyorkfed.org/medialibrary/media/research/current_issues/ci11-5.pdf
Authors
Bibliographic Information
Provider: Federal Reserve Bank of New York
Part of Series: Current Issues in Economics and Finance
Publication Date: 2005
Volume: 11
Issue: May
Order Number: 5