The extent of realignment among the commercial banking elite became palpable last year in an unprecedented consolidation of automated clearing house payments.

American Banker's annual survey of paperless debit and credit originations-a window on wholesale activities that have been ahead of other banking businesses in economies of scale and market concentration-indicated that five companies were responsible for 40% of the transactions.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.