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dido:public:ra:xapend:xapend.a_glossary:s:stp [2021/10/04 13:40] (current) 50.19.247.197 ↷ Links adapted because of a move operation |
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| - | ===== Straight-through Processing ===== | + | ===== Straight-through Processing (StP) ===== |
| - | [[dido:public:ra:xapend.glossary| Return to Glossary ]] | + | [[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]] |
| **Straight-through Processing** is an automated electronic payment process that is used by corporations and banks. STP allows for the entire payment process, from initiation to final settlement, to be free of human intervention. Straight-through processing can help local businesses, as well as large corporations, pay and receive money faster than the traditional process. | **Straight-through Processing** is an automated electronic payment process that is used by corporations and banks. STP allows for the entire payment process, from initiation to final settlement, to be free of human intervention. Straight-through processing can help local businesses, as well as large corporations, pay and receive money faster than the traditional process. | ||
| - | Source: [[https://www.investopedia.com/terms/s/straightthroughprocessing.asp | Straight-through Processing ]] | + | |
| + | Source: [[https://www.investopedia.com/terms/s/straightthroughprocessing.asp | Straight-through Processing (StP) ]] | ||