Increased industry collaboration will be needed in the future in order for financial services providers to deliver more value to their corporate clients, J.D. "Denny" Carreker, vice chairman, strategic payments initiatives at CheckFree Corporation said during a luncheon presentation this week at TAWPI's Payments Automation: Beyond Capture & Clearing Conference in St. Petersburg, FL. "Some progress is being made, but more is needed to drive costs down and bring additional value," Carreker told the audience.
Driving a more integrated, streamlined payments industry will benefit everyone in the new payments environment, Carreker said. These benefits include:
- Reduced costs
- Reduced risk
- Reduced float
- Improved funds availability
- Increased access to, and faster delivery of, consolidated payment information
- Faster, more efficient delivery of new payment-related services
What do you think? E-mail me at m_brousseau@msn.com.
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