Is a FedEx Model of Money Movement in Banking's Future?

• Published in: U.S. Banker Vol. 116; no. 5; p. 72
• Main Author: Dheer, Sanjeev
• Format: Trade Publication Article
• Language: English
• Published: New York SourceMedia 01.05.2006
• Subjects: Bank services; Banking industry; Banks; Business models; Customer services; EFTS; Electronic banking; Electronic funds transfer systems; Financial institutions; Transfer of funds; Trends; United States > US

Easy money movement like funds transfers and payments is a key desire of most bank customers. With the rise of online banking, this desire has been heightened, with most consumers rating the need for seamless money movement to be among their most important requirements. The cornucopia of funds-trans...