banking timeline

By delaneymiles7

  • the first bank was established in the united states

  • congress accepts dollar as currency

  • the first mint in the united states opened in philadelphia

  • bank panic

  • market crash

  • national bank holiday

  • bank of america issues the first credit card

  • the first successful ATM installed in the united states

  • money can be transferred electronically across computer terminals

  • monetary control act

  • debit cards are introduced

  • ability to electronically pay you bills online

  • contactless payment cards for "fobs" are developed

  • the card act which provided consumers with a choice regarding overdraft protection

  • able to carry your credit cards electronically on your cell phone

  • you can scan your fingerprint at the checkout stand to pay for items