Electronic Banking: The Ultimate Guide to Business and by Troy J. Strader, Richard B. Carter (auth.)

By Troy J. Strader, Richard B. Carter (auth.)

The global of banking and fiscal prone is in the course of dramatic switch, relocating clear of conventional "brick and mortar" branches and targeting new supply channels, to enhance customer support and provides 24-hours-a-day entry to info and transactions. What are the threats and the possibilities of digital banking? What new pricing ideas may still banks improve? easy methods to safe digital monetary transactions? What results will on-line banking have at the monetary international? the way to marketplace the recent digital prone? learn the professional evaluations from bankers, trendwatchers and monetary specialists. discover the recent banking options via white papers and stories. This HOTT advisor unearths all of the bits and bobs of this new on-line phenomenon.

Show description

Read or Download Electronic Banking: The Ultimate Guide to Business and Technology of Online Banking PDF

Best business books

The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success

What makes a winning CEO? most folk bring to mind a well-recognized definition: “a professional supervisor with deep services. ” Others may element to the characteristics of today’s so-called famous person CEOs—charisma, virtuoso communique talents, and a convinced administration kind.

Why Firms Succeed: Choosing Markets and Challenging Competitors to Add Value

While John Kay's Foundations of company good fortune first seemed within the U. okay. , it commanded the eye of the company world--and drew common compliment. The monetary instances hailed it as "a powerfully argued booklet, which casts a clean gentle on a number sensible enterprise demanding situations. " And enterprise Age wrote, "You needs to learn John Kay's new booklet Foundations of company luck.

Knowledge, Information and the Business Process. Revolutionary Thinking Or Common Sense?

The most important concentration of this ebook is to combine components of knowledge and data administration, including the enterprise procedure and highbrow capital. The publication questions many of the basic techniques and rules at the moment used to control info that revolve round company techniques. in particular, it addresses the argument to extra successfully evaluation the contributions of human and structures capital (which are outlined) to a method, highlighting the necessity to make extra unsleeping judgements approximately what position every one will practice within the constructed approach.

Law of Tort

Tort legislations a part of Longman's FoundationsSeries is written totally with the scholar reader in brain. Its wealthy studying positive factors are designed to light up advanced criminal ideas and advertise strong figuring out and self assurance in felony research. Readers will achieve a company snatch of the basic innovations in addition to an information of significant contemporary advancements within the legislations.

Additional info for Electronic Banking: The Ultimate Guide to Business and Technology of Online Banking

Example text

Most of these households would be common to all the three on-line banking channels, PC homebanking, telephone and the Internet. By number of transactions The number of homebanking transactions processed in 1995 has been estimated to be 200 million . But, this is expected to grow to 1,400,000 million4 transactions by the year 2000. This translates into approximately 600% growth rate annually. 0 (currently charged by Checkfree Corpn . per customer per month for 20 bills), the size of the transactions market in the year 2000 will be $280 billion.

Moreover, standardisation bodies, like ISO, are inefficient and can not keep the pace with Internet evolution. As a consequence, Internet banking standards are primarily de facto standards. A last concern is the performance level of the web and the difficulties to predict its evolution . All these issues are causing serious problems to banks and make them unable to evaluate the economic model of Internet banking. Another danger for banks is the risk of desintermediation . But if this problem is considered as serious in the USA where important non-bank actors as Intuit are playing an important role, it has less impact in Europe.

The last factor driving banks to the Internet is fear: Fear that some major non-banking entity, (such as Microsoft) will form alliances with a brokerage house or credit union to offer financial services worldwide . When that, or something similar to it happens, we had better be at least one step ahead. Regulatory Risk In Banking 101, we were all taught that the Federal Reserve and the Federal Deposit Insurance Corporation were the " . money stewards of the society. " However, there is a large body of research that shows the continuing transfer of deposits to entities that are all but outside regulatory oversight.

Download PDF sample

Rated 4.62 of 5 – based on 19 votes

Published by admin