Abstract
Banks have recently begun to realise the financial, competitive and strategic benefits of enterprise payments strategy. Experience with large financial institutions suggests that banks have generally agreed on a strategy, defined an organisational model that works in their culture, and created a reporting environment to turn strategy into execution. The strategies and structures are as varied as the banks themselves, but the common theme among them is the importance of core deposits to the payments business. This paper looks at the data that led banks to this conclusion and how those banks have organised to implement their strategies successfully, and explores the link between payments strategy and deposit growth, as reflected in product design, pricing, technology and service delivery.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
