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STP in Corporate Payments: Gaps Remain in the End-to-End Flow

Published by: TowerGroup

Published: Feb. 5, 2003 - 12 Pages

Abstract

The rise of the Internet and of e-commerce promised a revolution in the payments flow in wholesale banking. It seemed that a system that had been dominated by checks and that relied heavily on manual intervention at various stages in the process would at last move toward an automated, fully electronic state.

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