With the increasing popularity of Bitcoin, a digital decentralized currency and payment system, the number of malicious third parties attempting to steal bitcoins has grown substantially. Attackers have stolen bitcoins worth millions of dollars from victims by using malware to gain access to the private keys stored on the victims’ computers or smart phones. In order to protect the Bitcoin priva...

This paper attempts to provide large sample evidence of opportunistic related party transactions in China where economic institutions, legal system and corporate structures are conducive to such dealings. We found that firms belonging to a corporate group report abnormally high levels of related party sales when they have incentives to manage earnings to avoid being delisted, or prior to issuin...

B2Bs are online markets where buyers and sellers trade products either in the spot market or via derivate instruments such as option contracts. Our goal in this paper is to show how procurement managers, in addition to buying on the spot market in cash (physical transactions), can integrate risk management tools (paper transactions) to mitigate risk over multiple time periods. Specifically, our...

We study the transmission of monetary policy in credit economies where money serves as a medium of exchange. We find that—in contrast to current conventional wisdom in policy-oriented research in monetary economics—the role of money in transactions can be a powerful conduit to asset prices and ultimately, aggregate consumption, investment, output, and welfare. Theoretically, we show that the ca...

The writing of the Semester Final Project with title Analysis Parking Payment System for Adi Soemarmo Airport Solo was compiled based on results observations at exit gate Solo. Transactions parking payments often cause problems due to several factors, especially time or process is quite long because sometimes money given too large then cashier takes give change, besides that passengers do not p...

The purpose of this study is to investigate the effect non-cash payment transactions on economic growth in Indonesia and see responses from supporting variables, such as velocity money price transactions. This involves a Vector Error Correction Model (VECM) analysis tool, using monthly time series data during 2009: 1 – 2017: 12. results show that instrument affects growth, especially Card-Based...

raud is the bane of the financial industry's existence. Financial institutions are constantly battling forgery , impersonation, and outright theft, and the advent of computers and the Internet, while increasing capability and efficiency, has exacerbated the problem. Visa has stepped in and started an information security program that seeks to revolutionize the industry. Today, average people ar...

Fumiko Hayashi examines which of two payment methods—cash or debit cards—is more costly for merchants to accept in person six countries: the United States, Australia, Canada, Netherlands, Norway, and Sweden. She finds that cards have been than cash States recent years, while has become other five countries. Two factors explain this difference. First, although interchange fees are just one compo...

The article examines the theoretical aspects of transfer pricing in Ukraine. Threats offshoring banking system Ukraine to create conditions for abuse order optimize taxation are considered. rules financial transactions were studied and systematized based on study recommendations Organization Economic Cooperation Development. Goal. purpose is systematize minimize erosion tax base participants do...