EFT and the Process of Change

  • Kent W. Colton
Part of the Applications of Modern Technology in Business book series (AMTB)


Over the past several hundred years, the United States has developed a unique financial-service system. Private financial intermediaries have long offered the public a wider range of financial institutions—such as commercial banks, savings and loan institutions, mutual savings banks, and credit unions—than exist in other nations. The variety of these institutions has in turn been protected by our government’s tendency to define specialized functions for each class of institution and to supervise the activities that support them.


Financial Institution Commercial Bank Credit Union Financial Reform Check Account 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. 1.
    K.W. Colton, The future of the nations housing finance system, Journal of the American Institute of Planners, 306–316 (July, 1978).Google Scholar
  2. 2.
    R. O. Hunt, Chairman, The Report of the President’s Commission on Financial Structure and Regulation, Washington, D.C. (December, 1971).Google Scholar
  3. 3.
    G. Hanc and S. B. Klaman, Innovation and Evolution in the Thrift Industry, paper presented before the 18th Annual Meeting of the National Association of Business Economists, San Francisco, California (October 11, 1976).Google Scholar
  4. 4.
    D. Prives, The Explosion of State Laws on Electronic Fund Transfer Systems: Its Significance for Financial Institutions, Non-Financial Institutions and Consumers, Working Paper P-76–1, Program on Information Technologies and Public Policy, Harvard University, Cambridge, Massachusetts (1976).Google Scholar

Copyright information

© Plenum Press, New York 1980

Authors and Affiliations

  • Kent W. Colton
    • 1
    • 2
  1. 1.Brigham Young UniversityProvoUSA
  2. 2.Public Systems Evaluation, Inc.CambridgeUSA

Personalised recommendations