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Frontiers in Integrative Biological Research

By Government Printing Office

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Book Id: WPLBN0000098091
Format Type: PDF eBook
File Size: 0.4 MB
Reproduction Date: 2005
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Title: Frontiers in Integrative Biological Research  
Author: Government Printing Office
Language: English
Subject: Government publications, Legislation., Economic & political studies
Collection: Government Library Collection
Subcollection: Government Printing Office
Publication Date:
Publisher: Government Printing Office

Government Reference Publication

Excerpt: F 1 or many consumers, electronic banking means 24- hour access to cash through an automated teller machine (ATM) or Direct Deposit of paychecks into checking or savings accounts. But electronic banking now involves many different types of transactions. Electronic banking, also known as electronic fund transfer (EFT), uses computer and electronic technology as a substitute for checks and other paper transactions. EFTs are initiated through devices like cards or codes that let you, or those you authorize, access your account. Many financial institutions use ATM or debit cards and Personal Identification Numbers (PINs) for this purpose. Some use other forms of debit cards such as those that require, at the most, your signature or a scan. The federal Electronic Fund Transfer Act (EFT Act) covers some electronic consumer transactions.

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