Publisher's Synopsis
The electronic transmission of payment instructions from companies to their banks means that they are exposed to risks previously covered by the bank′s own security systems. The existing security controls for cheques and other manual payment systems are no longer adequate and treasurers and bankers must find alternatives.
This book is an essential guide for the practitioner, giving expert advice on:
∗ Electronic banking systems
∗ Legal issues
∗ Electronic data interchange (EDI)
∗ Treasury management systems
∗ International developments
The contributors, from organizations including Lloyds, Bank of America, Ernst and Young, Logica and many others, cover everything from the systems themselves to the new documentation.