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Cash and carry

Article Abstract:

The US Postal Service (USPS) has limited the number of banks processing its $87 billion annual cash holdings from 5,500 in 1993 to only 25 in 1999. The remaining banks process transactions for the agency's 38,519 offices and branches throughout the US. USPS treasurer Stephen Kearney was primarily responsible for the reduction when he changed an early request-for-proposal that screened banks through a strict process. The remaining banks serving USPS include One Valley Bancorp, Fulton Financial and Central Carolina Bank.

Author: Baldo, Anthony
Publisher: CFO Publishing Corp.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 1999
Postal Service, US Postal Service, Finance, United States. Postal Service, Cash management, One Valley Bancorporation of West Virginia Inc., Fulton Financial Corp., Central Carolina Bank and Trust Co., OVWV, FULT

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Web directory

Article Abstract:

Website Review: Website addresses of various companies and their details are mentioned. Some of the websites mentioned are Comerica : www.comerica.com, JPMorgan Treasury Services : www.jpmorgan/com/ts; KeyCorp : www.key.com/globaltreasury and MasterCard International : www.mastercardbusiness.com.

Publisher: CFO Publishing Corp.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 2004
Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, Business services, not elsewhere classified, Info Services ex Database, Evaluation, Financial services industry, Information services, Cable television/data services, Internet/Web search services, Search engines, Internet search software, Internet/Web search service, Text search and retrieval software

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PNC Throws Hat into E-Settlement Ring

Article Abstract:

PNC Bank offers settlement services for buyers and sellers in business to business e-marketing. Its first customer was ITXS Inc.

Publisher: CFO Publishing Corp.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 2001
Video Retailing Service, Commercial banks, not elsewhere classified, Commercial Banking NEC, Usage, Marketing, Home shopping, Business-to-business market, Business to business market, PNC Financial Services Group Inc., ITXS Inc., PNC

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Subjects list: Banking industry, Commercial banks, Services, United States, Online services, Internet services
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