Regulation, Financial Integration and Electronic Commerce
The European Union has long sought to create a single financial area across Europe where consumers in one country benefit from financial markets and activities in other countries. With the emergence of the Internet as a platform for the provision of online banking services, the creation of a pan-European market for banking services appeared a realistic proposition. In practice, however, this has not happened. This book asks why and argues that the creation of banking markets via the Internet relies on both available technologies and appropriate laws and regulations. The institutional and legal framework for online banking services in the single European market are examined, as is the level of legal harmonization achieved in the UK, France and Germany under the influence of the EU Directives pertaining to online banking activities.
In practice, however, this has not happened. This book asks why and argues that the creation of banking markets via the Internet relies on both available technologies and appropriate laws and regulations.
It is increasingly more interesting to the bank managers to understand what is important to customers when it comes to Internet banking, and especially banking conducted by the customers themselves. Corporate customers and Internet banking have been studied very modestly in the past, especially the decision-making factors that drive customers to go online. The purpose of this research is to identify the factors that influence corporate customer’s adoption of Internet banking services in Kenya, Uganda, Tanzania and Rwanda. The hypotheses are empirically evaluated by the use of Trade Finance customers of an East African bank that serves as a target sample. The Technology Acceptance Model (TAM) is the primary basis for the study. The information gathered from former studies that are mainly concentrating on private customers, acts as a foundation for the development of an extension of TAM that is suitable for corporate customers. The study involves 137 respondents from Kenya, Uganda, Tanzania and Rwanda. Due to the quantitative nature of the study, the results are analysed with statistical measures which include the use of SPSS in order to carry out regression analysis.
It is increasingly more interesting to the bank managers to understand what is important to customers when it comes to Internet banking, and especially banking conducted by the customers themselves.
Discusses federal oversight of depository institutions' Internet banking activities. The objectives of this report are to (1) describe the risks posed by Internet banking & the extent of any industrywide Internet banking-related problems, (2) assess the methods used by regulators to track depository institutions' plans to provide Internet banking services, (3) determine how regulators examined Internet banking activities, & (4) determine the extent to which regulators examined firms providing Internet banking support services to depository institutions.
Enhancing Federal Oversight of Internet Banking Activities : Report to the Chairman, Committee on Banking and Financial Services, House of Representatives
Internet banking has become a global phenomenon.It is the fastest growing service that banks can offer in order to gain and retain new customers. However, the issue of adoption behaviour by final consumers seems to be a pivotal issue in the successful implementation of Internet banking. In some countries, Internet banking has proved to be very reliable and efficient whilst in some others, they are found to be extremely dormant due to adoption behaviour. This study tried to investigate if there are differences in Internet banking adoption behaviour between Ghana and Sweden. One bank each from Ghana and Sweden was selected for this study. The study employed the extended technology acceptance model and it was based on using both qualitative and quantitative approaches. Questionnaires were accordingly administered to some selected Internet banking customers of the two banks selected for this study. The study concludes that there is only a marginal or subtle difference in the adoption behaviour in Internet banking between Ghana and Sweden, and that, the low patronage of Internet banking in Ghana as compared to that of Sweden is due to reasons other than customers' adoption behaviour.
The study concludes that there is only a marginal or subtle difference in the adoption behaviour in Internet banking between Ghana and Sweden, and that, the low patronage of Internet banking in Ghana as compared to that of Sweden is due to ...
Internet Banking: Law and Practice examines the legal and regulatory issues of Internet banking. Containing a critical analysis of the rules and regulations, it also assesses the practices of the banks providing internet banking services in several jurisdictions like the UK, Australia and Malaysia. For this purpose, the terms and conditions of the banks in those countries are thoroughly examined. The focus of the analysis is on the protection of consumers’ data and apportionment of liability in cases of fraud and systems failure.This work also discusses the very latest legislative developments, especially in the EU and Australia, affecting Internet banking in the UK, outlining such recently enacted law as the Distance Marketing of Consumer Financial Services Directive, Directive 2002/65/EC.
The focus of the analysis is on the protection of consumers' data and apportionment of liability in cases of fraud and systems failure.This work also discusses the very latest legislative developments, especially in the EU and Australia, ...
