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Consumers and electronic banking, 1995-2003.

Publication: Family Economics and Nutrition Review
Publication Date: 22-MAR-04
Format: Online
Delivery: Immediate Online Access
Full Article Title: Consumers and electronic banking, 1995-2003.(electronic banking reports)

Article Excerpt
The variety of electronic banking technologies available in the marketplace has expanded greatly in recent years. For financial institutions, such technologies as direct deposit, automated teller machines, and debit cards can speed processing and reduce costs. Other products and services, for example, computer banking and stored-value payroll cards (a card on which monetary value is stored), are viewed as ways to retain existing customers and attract unbanked and underbanked customers. This article uses data from two nationwide surveys--the Federal Reserve Board's Survey of Consumer...

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