Primitive On Paper

Fest, Glen
January 2006
Bank Technology News;Jan2006, Vol. 19 Issue 1, p1
Trade Publication
The article reports on the investments of banking institutions in information technology in order to cash in on a growing trade-services market in the U.S. According to Aberdeen's study, companies that used banks' trading services found savings with flexible open accounts for financing and accelerated payment and receivables cycles. The companies could easily save millions of dollars annually through global trade process improvement.


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