Pondering the future of checks amidst a preponderance of options

Article Abstract:

The check clearing for the 21st century act, popularly known as 'Check 21' is designed to address the longstanding goal of automating paper payments as Check 21 creates as many questions as answers. As competing and complementing options for automation emerge, banks and companies alike are struggling to assess how to achieve the cost and efficiency savings that migrating from paper to electronic payments promises to deliver.

Financial Transactions Processing, Reserve, and Clearinghouse Activities, Justice, Justice, Public Order, and Safety Activities, Functions related to deposit banking, Clearinghouse Assns, Interpretation and construction, Bank clearinghouses, Law

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Looking cross-enterprise at leasing

Article Abstract:

Managing lease accounts and documents can be very difficult. According to the Securities and Exchange Commission (SEC), the current lease guidance should be changed. The details of companies providing lease accounting software are presented.

Financial management, All Other Nondepository Credit Intermediation, Finance Leasing, Capital funds & cash flow, Misc. business credit institutions, Venture Analysis, Finance, Accounting and auditing, Lease financing, Business enterprises, United States. Securities and Exchange Commission, Company financing, Lease or buy decisions

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Electronifying checks: what treasury management professionals need to know

Article Abstract:

The implications of automation of banking industry on the services of treasury management professionals are discussed in the light of the implementation of Check 21 system and automated clearinghouse procedures.

Commercial Banks, Services information, Banking industry, Services, Checks, Bank employees, Regulatory compliance, Cheques

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