Electronic funds transfer networks: The impact of performance and security considerations

Bankers need a tool to help them make constructive economical decisions about the design and feasibility of electronic funds transfer (EFT) systems. The current research presents a preliminary design of a secure, reliable EFT system for the state of Florida. The system is simulated to evaluate the effect of different network topologies, message arrival rates, and communication line speeds on system response time and line loading. In addition, a fault study is performed to assess system performance under component failure. Simulation results, preliminary conclusions and suggestions for further research are provided.