Banks’ Payments-Driven Revenues

[...]The purpose of this article is to develop a clearerpicture of the importance of payments services to the bankingindustry. This goal is served by taking a broad view of thepayments business and analyzing information provided bylarge bank holding companies (BHCs) in their annualreports. BHCs have made concerted efforts to improvetheir financial disclosures. They now furnish material onsources of noninterest income and the amounts earned thatis much more detailed than the information filed in regularreports to supervisors. This information is used to estimatethe size of the payments area.[...]