Abstract
American banks have been among the first to utilise online financial systems, particularly in a global sense. Morgan Guaranty’s MARS was already operating in 1974; Citibank has Marty; Chemical Bank has Chemlink/Banklink; Manufacturers Hanover Trust Company (MHTC) has Geonet. These are private worldwide networks, developed and operated by the financial institutions to which they belong.
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Note
This and the following section, are based on a contribution by John T. Critchfield, then Vice-President Network Engineering, Bank of America, to the 3rd International Symposium on Electronic Banking, held in West Berlin at the International Congress Center, June 1986.
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© 1988 Dimitris N. Chorafas and Heinrich Steinmann
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Chorafas, D.N., Steinmann, H. (1988). Advanced Networking Solutions by American Banks. In: Implementing Networks in Banking and Financial Services. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-09479-0_9
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DOI: https://doi.org/10.1007/978-1-349-09479-0_9
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-09481-3
Online ISBN: 978-1-349-09479-0
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