期刊名称:International Business & Economics Research Journal
印刷版ISSN:1535-0754
电子版ISSN:2157-9393
出版年度:2011
卷号:2
期号:4
语种:English
出版社:The Clute Institute for Academic Research
摘要:Financial Electronic Data Interchange (FEDI) refers to making cash payment electronically rather than utilizing any from of traditional payment methods such as checks The prime objective of this paper is to ascertain how is FEDI currently being implemented by10 anchor banks in Malaysia. Specifically this paper examines the current business process that facilitates transfer of payment received by banks to its various agents. The paper also examines the security or precautionary measures established by anchor banks while engaging in financial electronic data interchange.