1. INTRODUCTION The growth of the Internet has been enabled by rapid technological developments. Specifically for electronic commerce, there is pressure on financial systems to adapt to the increased volume of spending taking place over the Internet. Until now, most buyers have used credit arrangements or checking accounts as the principle means of paying for Internet purchases. For Internet tr...

Today, with interest rates being kept so low, corporations and individuals alike face the task of making the best use of their assets. Securities transactions through online trading over the Internet are now gaining in popularity as a means of asset utilization accessible to everybody. As well as seeing high value in putting transactions online, securities companies are also adopting a systemat...

Pure plays use the Internet as a market entry strategy and brick and clicks use the Internet as an alternate channel of distribution. Several theoretical frameworks are used to explore strategic and performance differences between business models. Results from a sample of 240 firms engaged in Internet-based consumer marketing suggest that brick and clicks are more effective than pure plays at u...

The Internet appears to be a cheap, efficient, and ubiquitous channel for transmitting Electronic Data Interchange (EDI) transactions. This paper contrasts two strategies for implementing Internet-EDI systems. McKesson, Corp. treated its Internet-EDI system as a traditional information systems development project while Bank of America built its Internet-EDI system with a prototyping approach. T...

Although there has been rapid growth in the use of the Internet around the world, many issues remain for the development of the online transactions. Many studies have shown that one of the inhibiting factors of online transactions is the lack of confidence in the seller. But, as the Internet itself is an open technology and not a familiar environment, online customers face another problem that ...

Fraudulent transactions occurring via the Internet or Automatic Teller Machines (ATMs) present a considerable problem for financial institutions and consumers alike. Whilst a number of technological improvements have helped reduce the likelihood of security breaches, users themselves have an integral role to play in reducing technology mediated fraud. This paper focuses on the role of the user,...

Smart cards are replacing traditional magnetic cards for payment transactions. One of the main reasons is enhanced security capabilities that can be built in a smart card. With the high popularity of web technology, there is a trend towards smart cards being used as an electronic wallet for payment transactions on Internet. Most of the related work of smart card payment transactions concentrate...