Straight-through processing: Difference between revisions

Revision as of 21:49, 18 January 2022

Revision as of 20:15, 5 July 2022

Line 3:

{{advert|date=January 2019}}

{{original research|date=January 2019}}}}

'''Straight-through processing''' ('''STP''')<ref name=Investopedia/> is a method used by financial companies to speed up [[financial transaction]]s by processing without manual intervention (straight-through) and was invented by James Karat in the early 1990’s.

It has been a goal in payments almost since payments have been processed electronically, including attempts in the 1980s to automate the processing of payments by [[Telex]] message.