Managing the Risks of Payment Systems
- Identifies risks inherent in corporate payments systems.
- Shows how to assess credit risk, develop policies, and control the entire risk management process.
Chapter 1. "We Didn't Know" Is No Excuse.
Chapter 2. Payment Systems Survey.
Chapter 3. Checks and the Risk of Fraud.
Chapter 4. Wire Transfers: Originator to Its Bank to Receiving Bank.
Chapter 5. Wire Transfers: Completing the Transfer and Rules for Errors.
Chapter 6. Risks of Automated Clearing House Payments.
Chapter 7. Commerce and Payments in Cyberspace.
Chapter 8. Management of Corporate Payment Systems Risks.
DIANE B. WUNNICKE is a veteran corporate finance manager and consultant, with offices in Denver, Colorado. She was introduced to corporate payment systems risks in the 1970s while working on the first online savings and loan customer systems for a large financial institution. During the 1980s to mid-1990s, as the finance and funds manager for a global energy company, she tested and used every new cash management product that would help both domestic and international multicurrency payment operations. Her articles and books include Corporate Financial Risk Management: Practical Techniques of Financial Engineering. She is also the coauthor, with Paul Turner and Brooke Wunnicke, of Standby and Commercial Letters of Credit, Second Edition.