Implications of e commerce for banking and

The just-in-time nature of the course: The courses are conducted either entirely online or follow a blended learning approach, which mixes online learning and face-to-face meetings. The average duration of the course varies from 6 to 8 weeks.

Implications of e commerce for banking and

Download Now This book adopts an international perspective to examine how the online sale of insurance challenges the insurance regulation and the insurance contract, with a focus on insurance sales, consumer protection, cyber risks and privacy, as well as dispute resolution.

Today insurers, policyholders, intermediaries and regulators interact in an increasingly online world with profound implications for what has up to now been a traditionally operating industry.

Implications of e-Commerce for Banking and Finance - Semantic Scholar

While the growing threats to consumer and business data from cyber attacks constitute major sources of risk for insurers, at the same time cyber insurance has become the fastest growing commercial insurance product in many jurisdictions.

Scholars and practitioners from Europe, the United States and Asia review these topics from the viewpoints of insurers, policyholders and insurance intermediaries. In some cases, existing insurance regulations appear readily adaptable to the online world, such as prohibitions on deceptive marketing of insurance products and unfair commercial practices, which can be applied to advertising through social media, such as Facebook and Twitter, as well as to traditional written material.

In other areas, current regulatory and business practices are proving to be inadequate to the task and new ones are emerging. The online insurance market is cross-territorial and cross-jurisdictional with insurers often operating internationally and as part of larger financial-services holding companies.Papers selected for this volume will explore the social implications and challenges of e-business and e-commerce in terms of social inclusion and exclusion and the digital divide; the social shaping of e-business technologies; the changing nature and patterns of work and social activities; and online identity, security, risks, trust and privacy.

IMPLICATIONS OF E-COMMERCE FOR THE BANKING AND MONETARY SYSTEM1 Introduction The Internet has quite suddenly multiplied by a remarkable degree the number of potential suppliers and customers with whom we can do business, and the number of avenues through which we can perform financial transactions.

This opens. This is important not only for financial institutions, but for e-commerce as well.

Implications of e commerce for banking and

Conversational banking: the new UI In the old times user interface of a bank was the bank teller at the branch. Even to practitioners the future of e-banking and its implications are unclear. It might be convenient nevertheless to outline briefly two views that are prevalent in the market.

The view that the Internet is a revolution that will sweep away the old order holds much sway. FIGURE 1: The Research Model.

Implications of e commerce for banking and

5. Implications for Ecommerce in Developing Countries. In developing countries, IT and communication or rather e-commerce . E Commerce. Question 1 “E-banking will have a more profound effect on banking than ATMs ever did.” Do you agree?

Thus far I have been looking at the phenomenon of e-banking and e-payments largely from the regulatory point of view. I would like to turn now to examine whether there are any noteworthy implications for the key central bank responsibility of monetary policy. I want first to consider possible implications for the physical currency. E-banking and E-commerce in India and USA Shilpan D. Vyas to e-commerce and e-banking - the regulatory banking institution (the Reserve Bank of India) has released implications for integration, collaboration, licensing and public policy. Research Policy 15, Walter, I. Second, e-commerce provides a business opportunity for banks to offer new products and services to serve the needs of e-commerce. Third, the new business environment associated with e-commerce provides opportunity for institutional innovations in banking and finance, which can help to lay a sounder foundation for the international financial system.

The issue of e-commerce and its tax implications continues to receive a high level of attention because of the fast growth of e-commerce activities.

E-commerce Fraud in India- Risk, Measures and Legal Implications