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Commerce Bank, like many others, does not plan to shift to electronic processing right away.
But in addition, campaigns like Mr. Geithner's for a shift to electronic trading have paid off.
They are more common because a shift to electronic filing makes errors easier to spot.
Then it will decline gradually because of a moderate shift to electronic bill payments and e-mail messages.
Swaps and derivatives will not be far behind.For investment banks the shift to electronic platforms is a mixed blessing.
"Expand in faster-growing new product areas and less financially well- developed geographies, while capturing share in the shift to electronic trading".
Similar(33)
Airlines have been shifting to electronic tickets from paper tickets, which cost more to administer.
Continental began shifting to electronic tickets in 1995; it was in the vanguard, along with United.
Sony executives note that the Northrop Corporation has shifted to electronic imaging for the detailed recording of airplane development and assembly, using Sony equipment.
As the nation shifts to electronic health records, the U.S. Department of Health and Human Services Officee of the National Coordinator for Health Information Technology (ONC) is looking for public input for updating the Federal Health IT strategic plan.
The chief executive of Thomson Financial, Patrick Tierney, said all its publications and services in the banking, insurance and investment marketing group would be sold, except Wiesenberger, an electronic fund-tracking service based in Rockville, Md .The company is shifting to electronic delivery of financial, legal and educational material and is cutting its dependence on regional markets.
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