Choose Among the Following Services Provided by Modern FIs to Answer

question 66

Multiple Choice

Choose among the following services provided by modern FIs to answer questions 16-90 to 16-103.
-16-92 Combining the e-mail capability of the internet and the interbank payment networks to assist in the presentation and collection of invoices.

• A)Account reconciliation.
• B)Assisting small business entries into e-commerce.
• C)Check deposit services.
• D)Controlled disbursement accounts.
• E)Electronic billing.
• F)Electronic data interchange.
• G)Electronic funds transfer.
• H)Electronic initiation of letters of credit.
• I)Electronic lockbox.
• J)Facilitating business-to-business e-commerce.
• K)Funds concentration.
• L)Treasury management software.
• M)Verifying identities.
• N)Wholesale lockbox.

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Definitions:

Marketing Objectives

Specific, measurable goals set by a business to guide its promotional activities and assess the effectiveness of its marketing strategy.

Specific

Clearly defined or identified; distinguished by particular attributes or characteristics that set it apart from others.

Relevant

Pertains to something closely connected or appropriate to what is being done or considered.

Aspirational

Pertaining to products, brands, or lifestyles that consumers admire and desire to obtain, often because they symbolize a higher social status or idealized self-image.