This paper proposes a Secure Mobile Wallet Framework (SMWF) using WPKI (Wireless Public Key Infrastructure) and UICC (Universal Integrated Circuit Card) by defining (a) a procedure of personalizing UICC by the client, (b) a procedure of provisioning and personalization (Mutual Authentication and Key Agreement Protocol) of Mobile Payments Application (which is on UICC) by the Bank and (c) our pr...

The research intended to analyze the effect of financial inclusion strategies on performance commercial banks in Rwanda, a case I&M Bank Rwanda Ltd. specific objectives study were examine agency banking, innovation and loan products guided by three theories which are theory, constraint-induced theory theory. A sample size 92 employees among 1,232 was taken data collected through questionnai...

Thank you very much for providing us the opportunity to comment on the most recent package of consultative papers proposing revisions to the Basel Capital Accord (the “Proposal”). Capital One Financial Corporation, Falls Church, Virginia (together, with all of its subsidiaries and affiliates, "Capital One") is a holding company whose principal subsidiaries, Capital One Bank, Glen Allen, Virgini...

Development of E-banking has modified the structure of banking business and banking performance, efficiency, risk and challenges which have also been articulately recognized based on the international best practices. E-banking brazenly expedites and streamlines financial transactions via enhancing technology and expanding the bank services in comparison with conventional banking. Accordingly, o...

The present research postulates customers do not necessarily use loyalty cards to gain their rewards. Applying a logit regression on sample of 1,500 households from the Understanding Society Innovation Panel, this investigation shows that insecure about bank account cash flows are more likely own card. Checking frequently acts as framing effect; thus, Prospect theory will be explored here if it...

In a general business sense, an electronic wallet (or electronic purse) is a consumer device providing some additional security compared to a mere credit card solution. An electronic wallet could be as simple as an encrypted storage of credit card information that saves consumers to re-enter their credit card data manually each time they make a payment. There is a considerable variety of produc...

This paper is concerned with the business strategy in managing payment innovations. Particularly, the study looks at the smart card electronic cash (e-cash) innovation in the financial service industry. The smart card e-cash has yet to overcome obstacles to its diffusion. Given the e-commerce opportunity, banks and non-banks compete to deploy smart card technology for Internet use. A review of ...

This article analyses the threats which Information and Communications Technologies currently pose to individual liberties. Indeed, the information which is collected on individuals is becoming more and more complex: via RFID chips inserted into different cards (including transport, bank and customer loyalty cards), via visits to internet sites, over surveillance cameras posted in various place...