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Jasperk1975 (talk | contribs) m Added confirmation that James Karat invented STP in 1991 as confirmed and backed up in many magazine / newspaper articles and a Thesis on the subject all that can be found on the web and on his website Tags: Reverted references removed |
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{{advert|date=January 2019}}
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'''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 1992
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.
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