E-Finance: An Introduction

" Franklin Allen, James McAndrews and Philip Strahan, October 2001 Abstract: E-finance is defined as "The provision of financial services and markets using electronic communication and computation". In this paper we outline research issues related to e-finance that we believe set the stage for further work in this field. Three areas are focused on. These are the use of electronic payments sys tems, the operations of financial services firms and the operation of financial markets. A number of research issues are raised. For example, is the widespread use of paper-based checks efficient? Will the financial services industry be fundamentally changed by the advent of the internet? Why have there been such large differences in changes to market microstructure across different financial markets?

Secure web application development and global regulation

The World Wide Web (WWW) has been predominantly responsible for instigating radical paradigm transformations in today’s global information rich civilizations. Many societies have basic operational economical components that depend on Web enabled systems in order to support daily commercial activities. The acceptance of E-commerce as a valid channel for conducting business coupled with societal integration and dependence on Web enabled technology has instigated the development of local, national, and global efforts to regulate criminal activities on the World Wide Web. This paper makes two contributions. The first contribution is the high-level review of the United States and United Kingdom legislation that has developed from the escalation and integration of the World Wide Web into society. The second contribution is the support for the idea that legislative compatibility, in concert with an organization’s policy compatibility, needs to be acknowledged in secure Web application development methodologies

A multi-agent architecture for electronic payment

The Internet has brought about innumerable changes to the way enterprises do business. An essential problem to be solved before the widespread commercial use of the Internet is to provide a trustworthy solution for electronic payment. We propose a multi-agent mediated electronic payment architecture in this paper. It is aimed at providing an agent-based approach to accommodate multiple e-payment schemes. Through a layered design of the payment structure and a well-defined uniform payment interface, the architecture shows good scalability. When a new e-payment scheme or implementation is available, it can be plugged into the framework easily. In addition, we construct a framework allowing multiple agents to work cooperatively to realize automation of electronic payment. A prototype has been built to illustrate the functionality of this design. Finally we discuss the security issues

The Framework Catalogue of Digital Competences

The Framework Catalogue of Digital Competences Justyna Jasiewicz, Mirosław Filiciak, Anna Mierzecka, Kamil Śliwowski, Andrzej Klimczuk, Małgorzata Kisilowska, Alek Tarkowski & Jacek Zadrożny Centrum Cyfrowe Projekt: Polska (2015

Clicking with dollars : how consumers can pay for purchases from E-tailers

The Internet is often referred to as the world’s largest mall. About half of all adults in the United States have made a purchase online. Worldwide, online shopping is considerably greater—and cybershopping is expected to continue to grow as more households become connected to the Internet and as improvements in mobile telecommunication technology allow wireless Internet access anywhere and anytime.> A byproduct of the dramatic increase in online shopping has been a heightened demand for convenient and secure online payment methods. Consumers make almost all their online purchases with credit cards. But study after study continues to identify concerns about the safety of providing credit-card numbers and personal information online as the biggest barrier to cybershopping. Without further improvements in consumers’ online payment options, e-tailing might not realize its full potential.> Schreft surveys and assesses what is new about the options consumers have to make payments at Internet retailers. She discusses how making payments in cyberspace differs from making payments in the bricks-and-mortar world and describes the use of traditional payment methods for cybershopping. She also examines the new means of payment designed especially for use online.Electronic commerce ; Payment systems

Maintaining consumer confidence in electronic payment mechanisms

Credit card fraud is already a significant factor inhibiting consumer confidence in e-commerce. As more advanced payment systems become common, what legal and technological mechanisms are required to ensure that fraud does not do long-term damage to consumers' willingness to use electronic payment mechanisms

Telecommunications: Collective Bargaining in an Era of Industry Reconsolidation

[Excerpt] In this paper, we examine the reconsolidation of the industry, between 1995 and 2001, focusing on the merger, acquisition, and business strategies of the major corporate players; union responses to those strategies; and the resulting evolution of union-management relations and collective bargaining outcomes. We argue that the nature of the industry and technology, coupled with its institutional legacy, provides incentives for consolidation and recentralization of the ownership structure. In this process over the last decade, former Bell affiliates have sought union support before regulatory commissions, and the unions have leveraged their political power to make important gains in collective bargaining and in organizing new members. As a result, the outcomes for union members and prospects for union institutional viability are more positive than they otherwise would have been