The document summarizes the state of eCommerce in 1999 and discusses various challenges and trends. It covers topics like choosing an eCommerce payment provider, authentication alternatives to SSL/credit cards like digital wallets, and the future of technologies like SET. Key points discussed include the lack of integration among eCommerce software suites, difficulties implementing public key infrastructure for payments, and how digital wallets and new authentication methods need widespread adoption to be truly useful.
opening keynote on the state of eCommercewebhostingguy
The document discusses various challenges and issues related to ecommerce payments. It covers:
1. Common problems shoppers and developers face including finding stores/products, determining prices/shipping, ease of payment and customer support.
2. Options for building an online store including renting a commerce suite, buying software, or building it yourself. Commerce suites have integration issues and lock users into their structure.
3. Emerging payment technologies like digital wallets and SET have implementation challenges and have not seen widespread adoption. SSL remains the dominant standard for ecommerce transactions.
4. Trends indicate suites will improve but users won't care. Rental options will get cheaper. Backoffice integration remains a challenge.
This presentation outlines an approach to selecting an appropriate ecommerce platform then outlines the leading open source options for the Western and Chinese markets.
An overview about the steps and considerations to make when choosing the right eCommerce platform. Also, outlines the top 10 Western and top 3 Chinese eCommerce platforms.
This document discusses e-commerce and provides details on various topics related to e-commerce. It defines e-commerce, describes how e-commerce is changing competition and interactions. It also outlines different categories of e-commerce like business-to-consumer, business-to-business, and consumer-to-consumer. Additionally, it discusses e-commerce process architecture, technologies that support e-commerce, and factors for e-commerce success.
Payment card security By Hitesh Asnani SVIThiteshasnani94
The document discusses various topics related to payment card security on the internet. It begins with introducing security issues like authorization, authentication, confidentiality and non-repudiation. It then discusses the Payment Card Industry standards and requirements. The document outlines different protocols for secure online payments including Secure Electronic Transaction (SET), Secure Sockets Layer (SSL), and electronic cash/coins. It compares advantages and disadvantages of these protocols and concludes that SET is an outstanding payment protocol that provides security for e-commerce transactions.
A humorous webinar from early 2008 about comparing enterprise (installed) software companies to grocers and SaaS companies to chefs. Grocers deliver ingredients for their clients to cook up; chefs have to deliver hot and tasty meals - fully cooked.
2015 Inspire Tour: Business Starts with Getting PaidJeremy Ploessel
Sage provides integrated payment solutions to simplify business payments and maximize returns. Their solutions include processing credit/debit cards, ACH, checks, mobile payments, gift cards and more. Sage Exchange is their payment management system that integrates payments data with accounting software for real-time visibility. This helps businesses grow revenue, improve cash flow and reduce costs through more flexible payment acceptance and automated data entry.
This document discusses various aspects of digital marketing and e-commerce. It describes how digital communication works using various channels like copper wires and wireless. It explains that marketing communications convey messages to promote products using different media. Internet marketing uses virtual platforms like websites and apps. The document outlines steps for effective internet marketing by marketers and purchasing by customers. It also discusses internet transactions without cash, related processes, challenges like security issues, and failures. Finally, it covers customer service expectations and how customer satisfaction is important for businesses.
opening keynote on the state of eCommercewebhostingguy
The document discusses various challenges and issues related to ecommerce payments. It covers:
1. Common problems shoppers and developers face including finding stores/products, determining prices/shipping, ease of payment and customer support.
2. Options for building an online store including renting a commerce suite, buying software, or building it yourself. Commerce suites have integration issues and lock users into their structure.
3. Emerging payment technologies like digital wallets and SET have implementation challenges and have not seen widespread adoption. SSL remains the dominant standard for ecommerce transactions.
4. Trends indicate suites will improve but users won't care. Rental options will get cheaper. Backoffice integration remains a challenge.
This presentation outlines an approach to selecting an appropriate ecommerce platform then outlines the leading open source options for the Western and Chinese markets.
An overview about the steps and considerations to make when choosing the right eCommerce platform. Also, outlines the top 10 Western and top 3 Chinese eCommerce platforms.
This document discusses e-commerce and provides details on various topics related to e-commerce. It defines e-commerce, describes how e-commerce is changing competition and interactions. It also outlines different categories of e-commerce like business-to-consumer, business-to-business, and consumer-to-consumer. Additionally, it discusses e-commerce process architecture, technologies that support e-commerce, and factors for e-commerce success.
Payment card security By Hitesh Asnani SVIThiteshasnani94
The document discusses various topics related to payment card security on the internet. It begins with introducing security issues like authorization, authentication, confidentiality and non-repudiation. It then discusses the Payment Card Industry standards and requirements. The document outlines different protocols for secure online payments including Secure Electronic Transaction (SET), Secure Sockets Layer (SSL), and electronic cash/coins. It compares advantages and disadvantages of these protocols and concludes that SET is an outstanding payment protocol that provides security for e-commerce transactions.
A humorous webinar from early 2008 about comparing enterprise (installed) software companies to grocers and SaaS companies to chefs. Grocers deliver ingredients for their clients to cook up; chefs have to deliver hot and tasty meals - fully cooked.
2015 Inspire Tour: Business Starts with Getting PaidJeremy Ploessel
Sage provides integrated payment solutions to simplify business payments and maximize returns. Their solutions include processing credit/debit cards, ACH, checks, mobile payments, gift cards and more. Sage Exchange is their payment management system that integrates payments data with accounting software for real-time visibility. This helps businesses grow revenue, improve cash flow and reduce costs through more flexible payment acceptance and automated data entry.
This document discusses various aspects of digital marketing and e-commerce. It describes how digital communication works using various channels like copper wires and wireless. It explains that marketing communications convey messages to promote products using different media. Internet marketing uses virtual platforms like websites and apps. The document outlines steps for effective internet marketing by marketers and purchasing by customers. It also discusses internet transactions without cash, related processes, challenges like security issues, and failures. Finally, it covers customer service expectations and how customer satisfaction is important for businesses.
The document traces the evolution of e-commerce from its earliest beginnings with the telegraph in the 1800s, to the development of credit cards and computers in the mid-20th century. It discusses how early online payment systems and the growth of the internet in the 1990s led to the rise of e-commerce as we know it today. The document also examines trends in online advertising models and payments. It concludes by suggesting that science fiction often predicts technological developments and that the future of e-commerce remains uncertain but full of possibilities.
This document summarizes a research project analyzing how eCommerce systems recovered after the September 11, 2001 WTC attacks. The project studied several large companies to understand their recovery processes and identify critical success factors. It found that preparedness through practices like data mirroring and redundancy, rapid decision making, and knowledgeable technical staff helped systems recover within days. The research aims to evaluate financial impacts, preparedness strategies, and survival techniques to inform corporate crisis management of extreme events.
This document provides an overview of e-commerce and strategies for small Pacific Island businesses to engage in e-commerce. It discusses what e-commerce is, different types of e-commerce models (B2B, B2C, C2C), and examples of industries where e-commerce has been successful globally and in the Pacific region. The document then outlines steps to develop an e-commerce strategy, including choosing a domain name, website design, transactions, delivery, and marketing. The overall message is that e-commerce provides opportunities for Pacific Island businesses but traditional business principles still apply.
An e-commerce test validates that an e-commerce portal is functioning correctly by allowing a normal browser session to navigate the site, select a product, add it to the cart, log in if needed, validate the user information, validate each step of the checkout process, enter test payment information to avoid charges, validate the successful order feedback, and end the recording.
This document discusses key legal issues related to e-commerce, including contracts, business structures, domain names, and other identifiers. Some main points:
1) Contract law still applies to e-commerce transactions, though offer/acceptance can be inferred from online conduct. The Electronic Transactions Act aims to validate electronic signatures and records.
2) Sole traders, partnerships, and companies are common business structures, each with different liability and control implications to consider.
3) Domain names provide a human-friendly web address and are administered globally and within country code top-level domains. Registration requires avoiding conflicts with trademarks and other rights.
Electronic commerce (e-commerce) involves conducting business transactions electronically over the internet. It has evolved from early electronic funds transfer and electronic data interchange between businesses in the 1970s-1980s to the widespread use of the world wide web for online shopping (B2C) and business transactions (B2B) in the 1990s. E-commerce provides advantages like increased sales, decreased costs, and access to new markets, but also challenges around technologies changing rapidly, calculating return on investment, and cultural/legal issues. Key elements of e-commerce include infrastructure, software, security, payment systems, and transaction processing.
The document discusses building a legal framework for e-commerce and outlines several key issues and approaches. It notes fundamental changes from internet technologies, questions around identity and location, and whether law acts as an enabler or constraint. It also discusses different forms of regulation like non-discrimination laws, emerging customs, censorship approaches, and precedents from international space and sea laws. International aspects around applicable laws, comparative advantage, and mutual recognition are examined.
Obama's leadership lessons include being comfortable with yourself, developing strong communication skills through practicing speeches, connecting with audiences with passion, sticking to your message with a great team, learning from listening to others, having a stable strategy with flexible tactics leads to victory, seeing yesterday's competitors as today's collaborators, being your own storyteller, influencing others through leadership, using technology as an ally to reach supporters, empowering and releasing others to make an impact, staying calm under pressure, and not being afraid to experiment.
Electronic commerce refers to commerce conducted using computers, networks and software. It has evolved from early electronic funds transfer and electronic data interchange between businesses to today's widespread use of the internet and world wide web for online shopping, banking, auctions and more. Key technologies that enable e-commerce include internet infrastructure, messaging/information systems, common business systems, multi-tier architectures, and security/payment systems.
Electronic payment systems allow for the transfer of money over the Internet. Common methods include electronic cash, stored in digital wallets or smart cards. Standards are needed to ensure security, privacy, and universal acceptance of digital payments. The ECML standard defines common data fields to facilitate electronic transactions between digital wallets and online merchants. Widespread adoption of ECML could help grow e-commerce by streamlining the checkout process.
The document discusses various online payment systems for e-commerce transactions. It begins by describing how online credit card transactions work, noting security and cost issues. It then explains how the Secure Electronic Transaction (SET) protocol aimed to address these by authenticating identities through digital certificates. However, SET did not gain widespread adoption due to high integration costs. The document goes on to discuss digital wallets, digital cash systems, PayPal, stored value accounts, and other digital payment methods like eChecks and their advantages over credit cards for online purchases. It concludes by noting business-to-business payments are more complex than consumer payments.
Blockchain in enterprise - Challenges, Considerations and DesignsMichael Chi
What are challenges you will be facing while working on an enterprise Blockchain solution ? What are possible services, solutions we can leverage to create an enterprise blockchain solution ? Here we share our experience and walk you step by step through an on-production blockchain project process.
Comprehensive Guide to Paperless AccountingBill.com
Despite the benefits of online payments, 75% of all business payments are still made with checks, wasting time and paper. The vast majority of CFOs, 85%, rank moving to paperless accounting is a top concern. Learn about how the cloud is having a profound effect on accountants.
The document discusses electronic commerce systems and applications. It covers:
1) The major categories of e-commerce like business-to-consumer, business-to-business, and consumer-to-consumer models.
2) The essential processes in an e-commerce system like access control, profiling and personalization, search management, content management, workflow management, and electronic payments.
3) Key factors for e-commerce success including selection and value, performance, usability, marketing and incentives, security, and community building.
4) Different models for business-to-business e-commerce like marketplaces, portals, and integration of online and offline operations.
George Palmer presented on taking payments online. He discussed various payment systems including merchant banks, end-to-end solutions, and digital payment services. Merchant banks allow charging credit/debit cards but require complex integration. End-to-end solutions are easy to set up but lock merchants in. Digital payment services provide virtual wallets but can freeze accounts aggressively. Palmer also covered selling online, noting software is needed to manage orders, stock, and reports when selling tangible goods, while digital goods require less infrastructure.
The document discusses various electronic payment systems used for e-commerce transactions. It describes advantages and disadvantages of different systems including electronic cash, electronic wallets, smart cards, and credit cards. It provides details on how each system works, examples of implementations, and considerations regarding their adoption and success.
This document discusses e-commerce and provides learning objectives for chapter 5. It covers electronic commerce concepts like business-to-consumer, business-to-business, and consumer-to-consumer applications. It also discusses e-commerce technologies, categories, essential architecture, payment processes, auctions, developing and managing web stores, and advertising methods. The key topics covered are the major applications and categories of e-commerce, essential e-commerce system processes, and factors for success in e-commerce.
BizDay: Improving Remittances in the World's 2nd Largest Corridor, DigiledgeR3
This document discusses Digiledge's use of blockchain technology to improve remittances between India and other countries. It describes how Digiledge built a blockchain-based remittance backend using Corda to enable real-time reconciliation between money exchange houses, banks, and remittance departments. Key features include a consortium for distributed apps, remittance messaging, foreign exchange deals using smart contracts, and on-premise or cloud deployment. The roadmap outlines additional planned features around pre-funded accounts, trade financing, and insurance claims processing. Challenges addressed through blockchain included multiple stakeholders with different views, reconciliation issues, and difficult dispute resolution.
AtomicPay eliminates the involvement of a third-party processor, allowing merchants to accept cryptocurrency payments directly from their customers, in a secured and trustless environment
The document discusses the lack of innovation in financial technology and proposes simple standards called OpenTransact to enable innovation. OpenTransact defines a simple HTTP POST request format to initiate transactions with fields for amount, recipient, and memo. This simple standard could be used for a variety of applications from web payments to loans while avoiding complexity that has previously stifled innovation. Examples of potential applications and initial implementations of OpenTransact standards are provided.
The document traces the evolution of e-commerce from its earliest beginnings with the telegraph in the 1800s, to the development of credit cards and computers in the mid-20th century. It discusses how early online payment systems and the growth of the internet in the 1990s led to the rise of e-commerce as we know it today. The document also examines trends in online advertising models and payments. It concludes by suggesting that science fiction often predicts technological developments and that the future of e-commerce remains uncertain but full of possibilities.
This document summarizes a research project analyzing how eCommerce systems recovered after the September 11, 2001 WTC attacks. The project studied several large companies to understand their recovery processes and identify critical success factors. It found that preparedness through practices like data mirroring and redundancy, rapid decision making, and knowledgeable technical staff helped systems recover within days. The research aims to evaluate financial impacts, preparedness strategies, and survival techniques to inform corporate crisis management of extreme events.
This document provides an overview of e-commerce and strategies for small Pacific Island businesses to engage in e-commerce. It discusses what e-commerce is, different types of e-commerce models (B2B, B2C, C2C), and examples of industries where e-commerce has been successful globally and in the Pacific region. The document then outlines steps to develop an e-commerce strategy, including choosing a domain name, website design, transactions, delivery, and marketing. The overall message is that e-commerce provides opportunities for Pacific Island businesses but traditional business principles still apply.
An e-commerce test validates that an e-commerce portal is functioning correctly by allowing a normal browser session to navigate the site, select a product, add it to the cart, log in if needed, validate the user information, validate each step of the checkout process, enter test payment information to avoid charges, validate the successful order feedback, and end the recording.
This document discusses key legal issues related to e-commerce, including contracts, business structures, domain names, and other identifiers. Some main points:
1) Contract law still applies to e-commerce transactions, though offer/acceptance can be inferred from online conduct. The Electronic Transactions Act aims to validate electronic signatures and records.
2) Sole traders, partnerships, and companies are common business structures, each with different liability and control implications to consider.
3) Domain names provide a human-friendly web address and are administered globally and within country code top-level domains. Registration requires avoiding conflicts with trademarks and other rights.
Electronic commerce (e-commerce) involves conducting business transactions electronically over the internet. It has evolved from early electronic funds transfer and electronic data interchange between businesses in the 1970s-1980s to the widespread use of the world wide web for online shopping (B2C) and business transactions (B2B) in the 1990s. E-commerce provides advantages like increased sales, decreased costs, and access to new markets, but also challenges around technologies changing rapidly, calculating return on investment, and cultural/legal issues. Key elements of e-commerce include infrastructure, software, security, payment systems, and transaction processing.
The document discusses building a legal framework for e-commerce and outlines several key issues and approaches. It notes fundamental changes from internet technologies, questions around identity and location, and whether law acts as an enabler or constraint. It also discusses different forms of regulation like non-discrimination laws, emerging customs, censorship approaches, and precedents from international space and sea laws. International aspects around applicable laws, comparative advantage, and mutual recognition are examined.
Obama's leadership lessons include being comfortable with yourself, developing strong communication skills through practicing speeches, connecting with audiences with passion, sticking to your message with a great team, learning from listening to others, having a stable strategy with flexible tactics leads to victory, seeing yesterday's competitors as today's collaborators, being your own storyteller, influencing others through leadership, using technology as an ally to reach supporters, empowering and releasing others to make an impact, staying calm under pressure, and not being afraid to experiment.
Electronic commerce refers to commerce conducted using computers, networks and software. It has evolved from early electronic funds transfer and electronic data interchange between businesses to today's widespread use of the internet and world wide web for online shopping, banking, auctions and more. Key technologies that enable e-commerce include internet infrastructure, messaging/information systems, common business systems, multi-tier architectures, and security/payment systems.
Electronic payment systems allow for the transfer of money over the Internet. Common methods include electronic cash, stored in digital wallets or smart cards. Standards are needed to ensure security, privacy, and universal acceptance of digital payments. The ECML standard defines common data fields to facilitate electronic transactions between digital wallets and online merchants. Widespread adoption of ECML could help grow e-commerce by streamlining the checkout process.
The document discusses various online payment systems for e-commerce transactions. It begins by describing how online credit card transactions work, noting security and cost issues. It then explains how the Secure Electronic Transaction (SET) protocol aimed to address these by authenticating identities through digital certificates. However, SET did not gain widespread adoption due to high integration costs. The document goes on to discuss digital wallets, digital cash systems, PayPal, stored value accounts, and other digital payment methods like eChecks and their advantages over credit cards for online purchases. It concludes by noting business-to-business payments are more complex than consumer payments.
Blockchain in enterprise - Challenges, Considerations and DesignsMichael Chi
What are challenges you will be facing while working on an enterprise Blockchain solution ? What are possible services, solutions we can leverage to create an enterprise blockchain solution ? Here we share our experience and walk you step by step through an on-production blockchain project process.
Comprehensive Guide to Paperless AccountingBill.com
Despite the benefits of online payments, 75% of all business payments are still made with checks, wasting time and paper. The vast majority of CFOs, 85%, rank moving to paperless accounting is a top concern. Learn about how the cloud is having a profound effect on accountants.
The document discusses electronic commerce systems and applications. It covers:
1) The major categories of e-commerce like business-to-consumer, business-to-business, and consumer-to-consumer models.
2) The essential processes in an e-commerce system like access control, profiling and personalization, search management, content management, workflow management, and electronic payments.
3) Key factors for e-commerce success including selection and value, performance, usability, marketing and incentives, security, and community building.
4) Different models for business-to-business e-commerce like marketplaces, portals, and integration of online and offline operations.
George Palmer presented on taking payments online. He discussed various payment systems including merchant banks, end-to-end solutions, and digital payment services. Merchant banks allow charging credit/debit cards but require complex integration. End-to-end solutions are easy to set up but lock merchants in. Digital payment services provide virtual wallets but can freeze accounts aggressively. Palmer also covered selling online, noting software is needed to manage orders, stock, and reports when selling tangible goods, while digital goods require less infrastructure.
The document discusses various electronic payment systems used for e-commerce transactions. It describes advantages and disadvantages of different systems including electronic cash, electronic wallets, smart cards, and credit cards. It provides details on how each system works, examples of implementations, and considerations regarding their adoption and success.
This document discusses e-commerce and provides learning objectives for chapter 5. It covers electronic commerce concepts like business-to-consumer, business-to-business, and consumer-to-consumer applications. It also discusses e-commerce technologies, categories, essential architecture, payment processes, auctions, developing and managing web stores, and advertising methods. The key topics covered are the major applications and categories of e-commerce, essential e-commerce system processes, and factors for success in e-commerce.
BizDay: Improving Remittances in the World's 2nd Largest Corridor, DigiledgeR3
This document discusses Digiledge's use of blockchain technology to improve remittances between India and other countries. It describes how Digiledge built a blockchain-based remittance backend using Corda to enable real-time reconciliation between money exchange houses, banks, and remittance departments. Key features include a consortium for distributed apps, remittance messaging, foreign exchange deals using smart contracts, and on-premise or cloud deployment. The roadmap outlines additional planned features around pre-funded accounts, trade financing, and insurance claims processing. Challenges addressed through blockchain included multiple stakeholders with different views, reconciliation issues, and difficult dispute resolution.
AtomicPay eliminates the involvement of a third-party processor, allowing merchants to accept cryptocurrency payments directly from their customers, in a secured and trustless environment
The document discusses the lack of innovation in financial technology and proposes simple standards called OpenTransact to enable innovation. OpenTransact defines a simple HTTP POST request format to initiate transactions with fields for amount, recipient, and memo. This simple standard could be used for a variety of applications from web payments to loans while avoiding complexity that has previously stifled innovation. Examples of potential applications and initial implementations of OpenTransact standards are provided.
Unbundling Of Financial Services: The Blockchain(s) RevolutionGeorge Samuel Samman
This is a deck which talks about blockchain(s) and their use cases, It is based off of some o the best thought in the space and looks at why banking and financial services will be changed.
BitCard aims to create a Visa and MasterCard alternative that is powered by bitcoin. It will offer a multi-currency debit card that allows users to spend funds held in bitcoin, US dollars, euros, British pounds, and Chinese yuan. The card will utilize blockchain technology and smartcard chips for security. BitCard's decentralized business model will partner with bitcoin exchanges, wallets, payment processors, and ATMs to offer the card to customers and allow merchants to accept payments. This will create a more transparent ecosystem with lower fees than traditional credit card networks.
ShopClues is India's first and largest managed marketplace e-commerce platform. It uses a zero-inventory model where sellers can list products without holding inventory. The document discusses the key infrastructure requirements to support e-commerce, including networks, web servers, online catalogs, payment systems, and security measures. It also covers the hardware infrastructure of computers and broadband connections, as well as the use of cloud computing and mobile commerce.
Mobile - the next wave of opportunities and challengesAnuradha Weeraman
The mobile landscape has undergone a tectonic shift in the last couple of years with record numbers of adoption and usage. This has resulted in new ways of looking at old problems and re-definition of user experience in a mobile age. With this territory comes a whole new set of challenges as well as opportunities to re-invent traditional experiences with the aid of the smartphone. This session aims to cover the limits of these possibilities and explore what’s next.
PayU's Digital Transformation: Transparency from Dev to Prod, Monitoring Micr...AppDynamics
PayU is a leading payment services provider with presence in 16 growth markets across the world. Its mantra within IT is "fail early, fail often and never roll back," but this is a challenge in a global environment, with cross-located development and operations teams, multiple time zones, cultures, languages, and skill sets.
To solve this challenge and provide transparency to development and production teams, PayU chose the AppDynamics Application Intelligence platform. Today AppDynamics gives PayU the ability to get immediate feedback of code changes regardless of the environment or the origin of change. The solution fits perfectly with the microservice architecture and has helped with DevOps adoption in all locations.
Key takeaways:
o Challenges faced in monitoring microservice-based applications in a globally dispersed operation
o How AppDynamics provides a single pane of glass to monitor application changes
o Best practices for utilizing AppDynamics in a DevOps culture
For more information, go to: www.appdynamics.com
E-commerce refers to business conducted over the internet and is now nearly ubiquitous. As the world becomes busier, people increasingly rely on computers and online shopping for needs like groceries, gifts, and banking. Examples of companies involved in e-commerce include eBay, Tesco, iTunes, Microsoft, and McDonald's to varying degrees. E-commerce is growing rapidly due to its convenience, speed of transactions, and wide global reach. However, there are also risks like sellers not delivering goods, theft of credit card details, and fraudulent purchases.
E-commerce refers to business conducted over the Internet and World Wide Web. It involves the buying and selling of goods and services, as well as servicing customers and collaborating with business partners digitally. E-commerce lowers costs and product cycle times for businesses while allowing for faster customer response and improved service quality. It comes in various forms depending on whether transactions are business-to-business, business-to-consumer, etc. and whether aspects are purely digital or involve some physical elements.
This document summarizes a presentation given at a WTO regional seminar on electronic commerce in Geneva, Switzerland. The presentation discusses Malaysia's vision and strategy for e-commerce, which includes creating a knowledge-based economy and society through initiatives like the Multimedia Super Corridor. Some key points are that Malaysia aims to be a developed nation by 2020, the MSC was established to drive the economy through technology and attract global companies, and significant progress has been made in attracting world-class companies and implementing flagship applications like e-government and telehealth.
This document discusses security issues related to international e-commerce. It defines key security concepts like confidentiality, integrity, availability and accountability. It outlines general security threats to e-commerce like denial of service attacks, theft of customer data and intellectual property. The document also examines international security issues such as varying regulations, cultural differences, and mobile access challenges. It recommends taking a holistic approach to security that considers people, processes, and technology.
This document discusses building a legal framework for e-commerce. It covers several topics:
1) The fundamental changes from the internet regarding intangible assets, identity, location, speed and mobility and how this impacts policy and law/regulation.
2) Different forms of regulation including law, norms, markets, and technology ("code as code").
3) Regulatory precedents like non-discrimination, emerging custom/practice, non-territorial treatment, and media censorship.
4) International aspects like applicable law questions, comparative advantage vs. regulatory arbitrage, and country of origin principles.
The document provides an overview of e-commerce and the evolution of new digital businesses. It defines key terms like the Internet, World Wide Web, browsers, and servers. It describes how infrastructure developments allowed new forms of businesses to emerge and how brick-and-mortar companies had to adapt to the digital economy or risk losing market share. The professor concludes that the transformation to e-commerce continues to evolve as new opportunities arise.
This document discusses recent developments in consumer privacy law as it relates to e-commerce. It summarizes that states have passed numerous privacy laws since 9/11, with Vermont and New Mexico passing laws requiring opt-in consent for sharing financial and health information with third parties. It also discusses the FTC's guidelines for information security programs and considerations for website privacy policies, including passive and active data collection, relationships with third parties, satisfying notice requirements, and jurisdiction.
This document discusses the basics of e-commerce including definitions of key terms like electronic commerce, business-to-consumer transactions, and online storefronts. It outlines the advantages of e-commerce such as a global market, lower costs, and immediate feedback. The document also reviews trends in e-commerce spending and consumer concerns about online shopping.
Michael McDonnell has experience with several e-commerce projects ranging from $X,000 to $X,000,000. He discusses three main components of B2C e-commerce: online stores, advertising networks, and social networks. Online stores involve catalogues, shopping carts, and checkout/payment processes. Advertising networks like Google AdWords are pay-per-click systems. Social networks like YouTube and blogs derive value from customer participation through user-generated content and reviews.
eCommerce provides several benefits for businesses. It allows purchasing to become more efficient by automating transactional tasks, reducing inventory levels, and providing information to customers and suppliers quickly with no marginal costs. eCommerce also simplifies administration and creates opportunities for incremental revenues without additional costs. While it may reduce some purchasing head counts over time by automating low-value purchases, eCommerce really revolutionizes rather than eliminates the purchasing function by enabling strategic sourcing capabilities.
The document discusses global B2B eCommerce adoption from the business perspective. It provides context on the complexity of B2B supply chains and procurement processes. Key points covered include the magnitude of the global B2B contract goods market, what factors are driving companies' adoption of B2B eCommerce solutions, and what capabilities companies seek in such solutions to help streamline procurement and achieve strategic goals.
Global B2B eCommerce adoption is being driven by companies seeking to reduce procurement costs and improve supply chain management. B2B eCommerce solutions allow companies to automate contract negotiations, better coordinate internal groups and external partners, and gain insights into vendor performance. Early research shows B2B eCommerce can cut contract management costs from 5% of revenues to 1-2.5% and reduce total purchase costs by as much as 30% by enabling more effective negotiations and continuous improvement of procurement processes. However, issues like lack of internet infrastructure and security concerns may slow adoption in some regions initially.
E-commerce trends in Asia are growing rapidly. Several regional initiatives aim to promote paperless trade, including the Pan Asian e-Commerce Alliance (PAA), Singapore Trade-net, and e-ASEAN. Analyst reports predict B2B e-commerce in Asia will reach $992 billion in 2004, with many Asian countries now ranked highly in e-readiness. However, security concerns and under-adoption of technologies like digital signatures still impede growth. Automating financial supply chain processes could help optimize $260 billion in working capital trapped in Asian supply chains.
This document discusses the prerequisites for e-commerce, including wired buyers and sellers through affordable telecommunications and computer access, e-payment systems like credit cards and electronic funds transfer, necessary legal frameworks around signatures and documents, and delivery mechanisms for goods both online and offline. It argues that most prerequisites stem from sound domestic policy decisions around telecommunications infrastructure and avoiding excessive content control or voice revenue support that could harm the internet. Governments can lead by implementing e-government and developing the market.
E-commerce is growing rapidly in Asia, driven by increasing demand from overseas buyers and the need for Asian businesses to reduce costs and risks. While countries like Singapore and Hong Kong rank highly in e-readiness, security concerns still impede e-commerce growth. Regional initiatives and automated financial supply chain management can help Asian economies maintain competitiveness by reducing paper-based processes and costs. TradeCard offers a platform that connects trading partners, manages transactions from order to payment, and provides financial services to streamline global supply chains.
The document discusses security concerns related to e-commerce and electronic communications. It summarizes the Electronic Communications Privacy Act (ECPA), which prohibits interception of emails and access to stored emails. The ECPA allows employers to monitor employees with consent. The document also discusses the Computer Fraud and Abuse Act, which makes hacking and unauthorized computer access illegal, as well as the Economic Espionage Act's prohibitions against theft of trade secrets. Additional topics covered include types of hacking attacks, viruses, and insurance related to technology risks.
The document provides an overview of the Information Technology Act 2000 of India. It discusses key objectives of the act such as providing legal recognition to electronic transactions and records. It also defines important terms used in the act like computer, electronic record, digital signature. The roles of regulatory authorities like the Controller of Certifying Authorities in licensing and auditing Certifying Authorities are summarized. Provisions around digital signatures, electronic records and their admissibility as evidence are also briefly outlined.
The document discusses different types of letters including informative, good news, persuasive, and bad news letters. Informative letters aim to clearly convey information to the reader. Good news letters grant requests or provide favorable responses. Persuasive letters attempt to convince the reader by focusing on their needs and presenting logical proposals. Bad news letters require delivering unfavorable information courteously by de-emphasizing negatives, stating reasons clearly, and including a goodwill ending. All letter types should be factually correct, well-organized, and use an appropriate tone.
This document discusses developing oral communication and presentation skills. It emphasizes several key points: effective use of visual aids, maintaining eye contact, clarity of pronunciation and fluency, proper speech speed, and confidence. It also covers developing pronunciation skills like stress, intonation, rhythm. Tables provide information on vowel and consonant sounds in English, including examples of each sound in different contexts. Developing strong pronunciation is important for oral communication and public speaking.
The document provides advice for dealing with stress and pressure by suggesting ways to have fun and not take life too seriously. It recommends ignoring problems, doing enjoyable activities, smiling, and using imagination instead of worrying so that life is better appreciated. The overall message is that stress should be reduced by focusing on fun and not worrying about exhaustion or the future.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
Bridging the gap: Online job postings, survey data and the assessment of job ...
Tisc99keynote
1. The State of eCommerce
David Strom
david@strom.com
(516) 944-3407
TISC Boston 11/12/1999
2. Consider the shopper
• Can’t find your store
• Can’t find the right product
• Can’t determine prices and shipping ahead
of time
• Can’t pay easily
• Can’t get decent service and support
2
3. Consider the developer
• Poor quality of tools to build storefronts
• Need to integrate several products for any
solution
• Have to deal with credit card snooping
perceptions
• And still have to satisfy customers!
3
4. It is a wonder anyone can buy
anything on the web!
• BMW with page not found error
• Gap missing any search function
• Netmar payment screen confusing
• Singapore jewelry directory outdated
4
5. Rent, buy, or build your store
• Rent: outsource to a CSP
• Buy suite of software
• Build it yourself
5
6. The cold hard reality of suites
• Suites are nothing more than collection of
products
• Lack integration among various elements
• Difficult to setup, customize, and use
• Require you to live “inside” their structure
• Limited payment options
• Sounds like early MS Office
6
7. Trends
• Suites will get better, but no one will really
care
• Rental options will continue to get cheaper
and more functional
• Web/database integration still difficult
problem that suites are ignoring
• Backoffice integration still difficult problem
but getting better
7
9. SSL vs. SET
SSL SET
• Server authentication • Server authentication
– Merchant certificate as – Merchant certificate tied to
legitimate business accept payment brands
• Possible for client • Customer authentication
authentication – Digital certificate tied to
– Not tied to payment method certain payment method
• Privacy • Privacy
– Encrypted message to – Encrypted message does not
merchant includes account pass account number to
number merchant
• Integrity • Integrity
– Message authenticity check – Hash/message envelope
9
10. SET issues
• Implementation of SET has some big drawbacks:
– Lack of interoperability among systems
– Management of public key infrastructure
– Distribution of digital certificates requires action on the
part of the consumer
– Will banks want to become cert authorities?
• And who will pay for all this?
• Meanwhile, eCommerce goes on
10
11. The future of SET
• Non-repudiation of transactions through
digital certificates for both merchant and
customer
• SET may be the industry standard for
payments, but yet to be implemented
• It will be far more difficult for a customer to
claim no knowledge of a transaction
• Demonstrations continue
11
12. Some problems with eWallets
• Not transferable to other wallets
• Tied to a single PC
• Not available for use at many web storefronts
• Just solve a small part of the overall payment
process
• And they just don’t work!
12
13. Trends
• eWallets will eventually go away
• SET becomes a server-side issue
• SSL still dominates eCommerce
transactions for many years
13
14. Interoperability is the key
• Wallets will become widely used when the
following events occur:
– Mass distribution of wallets to consumers is
easily made
– Will be accepted by all merchants, regardless of
wallet brand or payment brand
– Don’t require PKI knowledge or computing
expertise
14
16. What they have in common
• Relatively easy to setup simple storefronts
• Relatively difficult to setup anything else!
• Payments, order processing still mostly a
manual effort
• Limited catalog and page controls
• But good to learn about eCommerce!
16
17. Case study: Encanto
• Started out selling hardware appliance
• Now sells eCommerce hosting services and
gives away the box
• Will they make it on monthly fees?
• Best explanation of payment process around
but took it off their web site!
17
18. The state of payment systems
• Today the vast majority of web payments
are with SSL forms and credit cards
• Many new directions for payments, but still
far from general acceptance
• Banks at odds with software developers
18
19. Remember the old payment
providers?
• Digicash
• Cybercash (first generation)
• First Virtual
• Mondex
• GlobeID
19
20. Why didn’t they work?
• Too complex to implement
• Too much cumbersome infrastructure
• Not too many stores took their kind of
money
• Too many other technical challenges
• Solved the wrong problem first (credit card
snooping)
20
21. Today’s sessions
• Choosing the right payment provider
• New alternatives to PKI for authentication
• Securing and integrating web and database
servers
• Web switching and caching
• Preventing cyberfraud
• PKI application implications
21
22. Our moderators
• Christy Hudgins-Bonafield
• Victor Danevich
• Greg Yerxa
• Greg Shipley
• Jon Udell
22
23. Session 1:
Choosing the right eCommerce
payment provider
Christy Hudgins-Bonafield
Brian Boesch, Cybercash
David Strom, David Strom Inc.
24. Why use any payment system?
• Automate existing business practice
(POs, procurement, supply chain, etc.)
• Non-human transactions, businss-to-
business
24
25. Three choices
• Outsource everything
(Evergreen, BofA, Amazon zShops)
• Use Cybercash online system
• Use PC POS (Tellan, PC Authorize)
25
26. Issues
• Real time or batch authorization
• Real time or batch capture/posting of
transactions
• Fraud detection
• Whether or not physical goods are involved
• Scalability, reliability
• Where and how customer account data is
stored
26
27. Diversity issues
• Shopping carts used to keep track of
sessions vs. committed order processing
• Rich reporting
tools, backup, management, history/log
• Open interfaces to extract information and
use across different legacy payment models
27
28. Three different levels of security
• Transaction level
• Session level
• Membership and directory level
28
29. What is the goal?
• To safeguard user identity and payment
information
• Across all transactions, sessions, and
wherever membership information is stored
• And to ensure that accurate transactions
occur!
29
30. Transaction level security
• Identity must be coupled with transactions
• Transactions must be persistent and grouped
for optimal payment authorization and
processing
30
31. Session level security
• Identity must be constantly verified during
eCommerce session and especially when
transactions committed for payment
authorization.
• Cookies, tokens, SSL
31
32. Membership level security
• Persistent way to store identity and payment
methods.
• Must be secure – or face legal
consequences!
• Critical for business-to-business automation
• Must leverage existing business PO
authorization systems
32
33. All of these are tied to your
shopping cart
• Usually, cart processes payments and sends
to banking network
• Demonstration from Perfectotech.com
• strom.com/pubwork/ecommerce/testcart.htm
33
35. The old method: SSL/credit cards
• How to deal with returning customers?
• How to deal with breaks in shopping
session?
• How to deal with peak loads?
• Are they really secure? (Perception vs.
reality)
35
37. Do you really want to do this?
• Setup CA server
• Generate a secure root CA
• Train Reg Authorities to manage certs
• Develop customer cert policies
37
39. Characteristics
• Mainly for digital content delivery
• Per day pass (WSJ)
• Charge 8- 12% per transaction
• Universal membership
• Aggregate lots of small transactions into
one monthly bill
• Don’t leave site while completing purchase
• Build on “community” and “standards” 39
40. ShopNow, eBates
• Each user registers and sets up own mini
mall with links to stores
• Basic rebate program but large collection of
stores
40
41. iGive
• Percentage of sales goes towards charities
• Clickthroughs also are measured and
accumulate $
• Members have earned $300k for charities so
far
41
42. iPin, Trivnet
• Digital content only
• Aggregates purchases and bills your ISP
directly
• Only works if your ISP and merchant are
signed up
• Does this sound familiar?
42
43. Advantages
• Ease of use -- maybe
• No credit card transmission over the
Internet
43
44. Disadvantages
• Need to reach critical mass of users almost
at launch
• Still rely on username/password
combination which can be cumbersome
• Small companies without a lot of depth
• Standards still in play
44
45. Why use these any of these
services?
• Save money
• Build loyalty, return visits
• Make eCommerce easier? Not sure.
45