Journal Article

Global ATM banking: casting the net


Abstract: ACH and ATM systems are examples of networks, where the benefits of one participant enhance the structure's value for the other participants. Some recent results from economic theory suggest that competitive networks are preferable in a social sense to monopoly networks.

Keywords: Automated tellers; Clearinghouses (Banking);

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1998

Issue: Aug

Order Number: 2