Electronic funds transfer

American Institute of Certified Public Accountants. Audit Considerations in Electronic Fund Transfer Systems. New York AICPA, 1979. 

Board of Governors of the Federal Reserve System. Electronic Fund Transfers. Regulation E (12 CFR Part 205). effective March 30, 1979 (as amended effective May 10, 1980.)... 

Schroeder FJ. Developments in consumer electronic fund transfers. Fed Res Bull 69(6) 395-403, 1983. 

He already is a member of a buying group, and he uses electronic funds transfer to facilitate timely deposits from plans. 

Pharmacy staff can also order inventory via the Internet, which is termed e-procurement. e-Procurement allows the pharmacy to receive immediate item allocation and order confirmation. These sophisticated systems drastically cut down on the time and effort spent on procurement. Prices can be updated daily or weekly by using electronic invoice transmission, and returns and credits can be completed electronically Invoices are then paid by electronic funds transfer (EFT). 

DaPr89 Donald W. Davies, Wyn L. Price Security for Computer Networks, An Introduction to Data Security in Teleprocessing and Electronic Funds Transfer (2nd ed.) John Wiley Sons, New York 1989. 

Monetary institutions and industrial firms alike strive to keep their funds working at all times. Techniques of cash management, such as electronic funds transfer, provide the potential to put to work cash receipts immediately. This has shortened the compounding periods to the point where the use of continuous compounding is the most appropriate cash flow model. In the concept of discrete cash flows with continuous compounding, it is assumed that the cash flows occur once per year but that compounding is continuous throughout the year. Thus, if... 

Panurach, R (1996). Money in electronic commerce Digital cash, electronic fund transfer, and e-cash. Communications of the ACM, 39(6). 

Financial and producer services firms were at the forefront of the construction of fiber networks in large part because they allowed the deployment of electronic funds transfer systems, which comprise the nervous system of the international financial economy, allowing banks to move capital around a moment s notice, arbitrage interest rate differentials, take advantage of favorable exchange rates, and avoid political unrest (Langdale, 1989 Warf, 1995). Fiber carriers are heavily favored by large... 

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