Resources
BNET Business Dictionary
- Bank
- a commercial institution that keeps money in accounts for individuals or organizations, makes loans, exchanges currencies, provides credit to businesses, and offers other financial services
- Bank definition on BNET »
BNET Resources
- sort by:
- Relevance
- Date
- Popularity
- E-Payments Widen Path For Fed's Paperless Pitch
- Jim McKee SVP of Automatic Payments, Retail Payments Office Federal Reserve Bank of Atlanta Last year, a marketing arm for NACHA released statistics showing hidden, but unmistakable, gaps in adoption for electronic remittance services, particularly for sm Jim McKee SVP of Automatic Payments, Retail Payments Office Federal Reserve Bank of...
- Research articles 2006-08-01
- e-Payments: Wachovia Matriculates Payment Codes
- A higher form of identification is making its commercial debut at an institution of higher learning, as the University of Florida adopts the Electronic Payments Network's universal identification code UPIC, a new means to speed payments and protect bank A higher form of identification is making its commercial debut at...
- Research articles 2004-08-02
- BofA's 'Customer Voice' Sounds Off in ePayments
- Bank of America's execs list a number of reasons for the institution's sweeping success in the bank Internet bill-payment market, most notably their "voice of the customer" program that's an integral part of the business case built for almost all product Bank of America's execs list a number of reasons...
- Research articles 2004-05-03
- E-billpay tug of war: banks and billers vie for top role in replacing checks with e-payments. The Cleveland Fed spearheads a back-to-basics alternative.(Bank Operations)
- A milestone passed almost unnoticed late last year. For the first time ever, people and businesses made more payments over electronic channels than by writing paper checks--44.5 billion to 36.7 billion, according to the comprehensive 2004 Federal Res A milestone passed almost unnoticed late last year....
- Research articles 2005-03-01
- ACI Worldwide and Compaq Computers to Jointly Deploy ZLE e-payment Solutions for Retail Banks
- Business Editors & Technology Writers
- Research articles 2001-12-11
- MCI AND NATIONAL AUTOMATED CLEARING HOUSE ASSOCIATION INTRODUCE RAPID-EDI FOR FINANCIAL INSTITUTIONS; Cost-effective service enables banks to provide electronic payment information directly to their business customers via fax, e-mail or EDI and text file
- SAN FRANCISCO--BUSINESS WIRE--April 15, 1996--MCI and the National Automated Clearing House Association NACHA announced today the commercial availability of RAPID-EDI, a cost-effective electronic commerce service designed specifically for financial institutions. The new service will enable banks to rapidly communicate electronic payment and remittance information to their business customers in a...
- Research articles 1996-04-15
- Quantifying Equilibrium Network Externalities in the ACH Banking Industry
- The goal of this paper is to estimate the size and importance of network externalities for the automated clearinghouse ACH banking industry using an equilibrium model of ACH usage. ACH is an electronic payment mechanism developed by the Federal Reserve and used by banks. This paper seeks to estimate the...
- White papers 2003-10-01
- Technological Innovation in Retail Payments: Key Developments and Implications for Banks
- The United States has a heavily paper-based retail payment system compared with many other developed economies, but the shift to electronic payments has been bigger and more decisive than commonly perceived. For the first time ever, check use declined in the mid-1990s, and among electronic payments, the adoption of debit...
- White papers 2004-10-01
- Network Externalities and Technology Adoption: Lessons From Electronic Payments
- The paper seeks to analyze the extent and sources of network externalities for the automated clearinghouse ACH electronic payments system using a quarterly panel data set on individual bank adoption and usage of ACH. It provides three methods to identify network externalities using this panel data. The first method identifies...
- White papers 2002-05-01
- The Effect of New Technology in Payment Services on Banks Intermediation
- This paper analyses the effect of this change in payment technology within a multiple-output framework. The dual approach with four variable inputs is applied, and the general model includes random coefficients to capture heterogeneity in the production technology across banks. The results show that the move towards electronic payment services...
- White papers 2002-03-15
Additional Resources
- United Overseas Bank Malaysia Signs Agreement with First Ecom Data Services Asia Limited
- Business Editors HONG KONG--BUSINESS WIRE--Aug. 27, 2001 United Overseas Bank to use First Ecom Data Services Asia for Internet Credit Card Payment Processing in Malaysia First Ecom.com, Inc. (NASDAQ: FECC, BSX: FECC, FECC BH), a company with interests in gas and oil exploitation and electronic payment...
- Research articles 2001-08-27
- The Laws, Regulations, and Industry Practices That Protect Consumers Who Use Electronic Payment Systems: Credit and Debit Cards
- This paper examines the protections available to users of various electronic payment vehicles that fall victim to fraud, discover an error on their statement, or have a dispute with a merchant after making a purchase. Specifically, it examines in detail the federal and state laws that protect consumers in the...
- White papers 2005-01-01
- battle of e-money: Evolution of electronic payment system threatens to leave community banks sitting on the sidelines, The
- Evolution of electronic payment system threatens to leave community banks sitting on the sidelines TCF Financial Corp dealt a blow to community banks last month when it terminated its 11-year agreement with the Shazam ATM network. Thousands of customers who bank with one of the 1,500 Shazam financial institutions find...
- Research articles 2001-05-01
- S paq Opts for COGNICASE and National Bank of Canada Electronic Payment Solutions.
- MONTREAL, CANADA--(CCN Disclosure, January 30, 2001) COGNICASE Inc. (Nasdaq: "COGI"), a major provider specializing in real time transactional e-commerce solutions, announced today the signing of a four-year contract with La Soci t des Etablissements deide its customers with an electronic payment solution generating...
- Research articles 2001-01-30
- Sepaq Opts for COGNICASE and National Bank of Canada Electronic Payment Solutions
- Business Editors MONTREAL--BUSINESS WIRE--Jan. 30, 2001 COGNICASE Inc. (Nasdaq:COGI)(TSE:COG.), a major provider specializing in real time transactional e-commerce solutions, announced today the signing of a four-year contract with La Societe des Etablissements de Plein Air du Quebec Sepaq to provide its customers with an electronic payment solution generating...
- Research articles 2001-01-30
- Lee named president of Fifth Third Bank, Northwestern Ohio
- John S. Szuch, chairman of the board of Fifth Third Bank, Northwestern Ohio, recently announced that Bruce K. Lee has been named president and chief executive officer of the northwestern Ohio affiliate of Fifth Third Bancorp. Robert A. Sullivan will assume a leading management role as executive vice president A...
- Research articles 2002-08-01
- Provident Bank And Derivion Form Alliance To Enable Companies With Turnkey Electronic Bill Presentment And Payment Solutions
- Provident Bank announced today that it has created a joint initiative and marketing alliance with Derivion, the first application service provider ASP to deliver comprehensive e-billing solutions designed for the Internet. Provident Bank will leverage Derivion's inetBillerSM to provide a flexible, cost-effective e-billing solution for bank customers and an established...
- Research articles 1970-01-01
- NIB Capital Bank N.V. Consolidates Its Worldwide Payments Systems Utilizing Fundtech's PAYplus Solution
- Business Editors JERSEY CITY, N.J.--BUSINESS WIRE--Nov. 14, 2002 Fundtech's Electronic Payments Solutions Allow NIB Capital's Worldwide Branch Network to Benefit from Centralized Payment System Fundtech Ltd. (NASDAQ: FNDT), a leading provider of global electronic payments, settlement and cash management solutions, today announced that NIB Capital Bank...
- Research articles 2002-11-14
- The Federal Reserve Bank of Philadelphia and the Electronic Funds Transfer Association Sponsor Risk Management Conference: Changes in Consumer Purchasing Places Premium on Managing Risk Associated with Electronic Payments
- FAIRFAX, Va. -- The Payment Cards Center of the Federal Reserve Bank of Philadelphia and the Electronic Funds Transfer Association EFTA hosted a senior-level conference focusing on risk management in electronic payment systems. The conference "Risky Business: Managing Electronic Payments in the 21st Century" was held June 20-21 at...
- Research articles 2005-07-15
- NACHA Issues White Paper on B2B Electronic Payments
- NACHA's Council for Electronic Billing and Payment has published a white paper describing business-to-business electronic payments methods. The white paper, authored by the Council's Business-to-Business Task Force, develops a framework that businesses can use to evaluate the comparative benefits of specific electronic payment mechanisms. "The purpose of the white paper...
- White papers
- << Previous
- page 1 of 1
- Next >>
Presented by American Express