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Money for Nothing and your Cheques for Free: How Banks Process Payments, from Small Transactions on your Mobile to Billion-dollar International Transfers
Searching Finance, Sep 2010, Pages: 210
If you think that money is important (and who doesn’t), then so is the ability to process money – in other words, payments. And that’s what this book is all about: from processing payments over the internet and on your mobile telephone; to payments via cards, cash and cheques; to massive international payments operations and the challenges faced by banks in these areas, including the continual vigilance needed to avoid money launderers and terrorists.
The Complete Banker series of books is based upon Chris Skinner’s influential blog. The series provides the reader with all they need to know about banking and is split into key themes covering retail, commercial and investment banking and the way they are being changed by economics, politics, technology and society. For the amateur and the expert, the knowledgeable and those seeking knowledge, the economist and the politician, the banker and the banked, the Complete Banker series provides you with the truth about the banking. Not just the truth, the whole truth and nothing but the truth ... but the Complete Truth.
Praise for Chris Skinner
“Chris has both the intellectual acumen as well as the drive and dedication to his industry which is so sadly rare in the business world today.” -- Steve Edwards MBE, Head of Fraud, eBay Europe
“Chris is uniquely skilled in articulately painting a clear picture of the dynamics impacting our future.” -- Deborah L. Bianucci, President & CEO, BAI, USA
“Chris successfully captures the pulse of the financial services industry, not from a European or American, but from a truly global perspective.” -- Emmanuel Daniel, Founder, The Asian Banker, Asia
Also available
Socialising the Antisocial Bank: Converting the Antisocial Bank by Digitally Connecting with Customers to become part of their Community
It’s Banking Jim, But Not As We Know It: Creating Tomorrow’s Bank by Identifying the Most Critical Strategic Changes and Trends in Banking Today
Not Every Bank is Goldman Sachs - Tracking the Rise of Algorithmic Machines and High Frequency Trading through a Deregulated Investment World
The Extraordinary Madness of Banks: Understanding the Credit Crisis, and the Bankers, Regulators and Politicians Involved
The Complete Banker Series
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