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Author: Dennis W. Richardson Publisher: Cambridge : MIT Press ISBN: Category : Banks and banking Languages : en Pages : 216
Book Description
"Money," at least in its present form, may be on the verge of obsolescence. Rapid advances in computer technology are revolutionizing the American banking system. The credit boom and the proliferation of credit cards signal the advent of a cashless and checkless society. This exploratory treatise on payment media develops, within the framework of the historical evolution of exchange in general and of financial concepts and and institutions uniquely American, the far-reaching implications of a computerized monetary system for all sectors of the economy. The author introduces a theoretical model of a "moneyless" society and a hypothetical description of electronic funds transference as it might evolve within "real world" constraints. By virtue of its central position in the payment process and its cost-saving computer capabilities, the commercial bank of the future will logically extend its role in the financial community with multiple new services. Technical change will remain the most potent factor in this business environment. Aggressive bankers, implementing and actively marketing the latest developments, will occupy the vanguard of the movement.
Author: Dennis W. Richardson Publisher: Cambridge : MIT Press ISBN: Category : Banks and banking Languages : en Pages : 216
Book Description
"Money," at least in its present form, may be on the verge of obsolescence. Rapid advances in computer technology are revolutionizing the American banking system. The credit boom and the proliferation of credit cards signal the advent of a cashless and checkless society. This exploratory treatise on payment media develops, within the framework of the historical evolution of exchange in general and of financial concepts and and institutions uniquely American, the far-reaching implications of a computerized monetary system for all sectors of the economy. The author introduces a theoretical model of a "moneyless" society and a hypothetical description of electronic funds transference as it might evolve within "real world" constraints. By virtue of its central position in the payment process and its cost-saving computer capabilities, the commercial bank of the future will logically extend its role in the financial community with multiple new services. Technical change will remain the most potent factor in this business environment. Aggressive bankers, implementing and actively marketing the latest developments, will occupy the vanguard of the movement.
Author: Barbara Ann Good Publisher: Routledge ISBN: 113571701X Category : Business & Economics Languages : en Pages : 156
Book Description
Although the cashless society has been predicted for at least twenty years, the new forms of card-based and software based electronic money may prove to be a partial alternative to the current forms of payment. This study examines these emerging electronic money systems and their possible adoption, primarily in the United States.
Author: Robert Cringely Publisher: Bloomberg Press ISBN: 9781576600825 Category : Business & Economics Languages : en Pages : 384
Book Description
Electric Money tells the fascinating and important story of how information technology has changed the world financial system -- and what that means for us all. It includes a brief history of and look at the near-future of credit cards, automatic teller machines, derivative securities, electronic stock exchanges, and the people behind them. Electric Money explains how these elements are linked and how they have changed the world of money forever. If the business world and our personal lives feel different from five years ago, it is largely because of this democratization of finance. Recognizing the changes and how to take advantage of them will alter the financial life of everyone who reads this book. In this entertaining romp through an increasingly cashless world, Cringely takes the reader on a tour through the latest developments in virtual credit cards. He looks at our permanent loss of financial privacy, international trade, information control -- the new source of power -- and explores the public's obsession with stock investing. Learn what Wall Street "rocket scientists" actually do and how they make money. Discover how computers have changed the nature of wealth. Find out the truth about increasing electronic crime. Electric Money also looks at e-commerce, day trading, and the new robber barons. Cringely wraps it all up with his savvy take on our future in a world that's morphing from paper to protons, showing us how to enjoy self-assured, independent financial lives, despite the dizzying pace of change.
Author: Publisher: ISBN: Category : Electronic funds transfers Languages : en Pages :
Book Description
Bob Cringely presents information on Electric Money which is a 2-part series produced for PBS by Oregon Public Broadcasting that explores how the digital revolution has transformed financial activities over the last fifty years. The series was originally broadcast on October 3, 2001.
Author: Dennis W. Richardson
Author: Dennis W. Richardson
Author: Barbara Ann Good
Author: Robert Cringely
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Author: Dennis W. Richardson
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