Product Description
Banking and Finance on the Internet Mary J. Cronin, Editor Every business day, banks, brokerage houses, and other institutions transfer millions of dollars around the globe at the speed of light. Yet the financial services industry has just begun to harness the power of the worldwide network known as the Internet. Edited by internationally recognized online commerce expert Mary J. Cronin, Ph.D., Banking and Finance on the Internet offers bankers, mutual fund managers, and other financial services decision-makers insight on crafting effective online commerce strategies of their own. With chapters by authorities from the worlds of electronic commerce and academia, Banking and Finance on the Internet addresses the most pressing online financial services topics, including:
Competitive products and markets for Internet-based home and corporate bankingMoving mutual fund information to the NetThe rise of online brokerage housesSmart Cards and their expanding role in Web commerceDigital trust in financial servicesInternational progress in implementing online bankingComplete with case studies of online successes and failures, Banking and Finance on the Internet presents e-commerce implementation experience and critical perspectives from decision makers, executives, researchers, and technology leaders in some of the worlds largest and most innovative financial organizations.
From the Inside Flap
Banking and Finance on the Internet Mary J. Cronin, Editor From Wall Street to Main Street and around the world, financial institutions of all types and sizes are branching out into cyberspace. What was once the electronic frontierthe Internetis now a high-stakes competitive arena for everyone from multinational investment houses to data processing conglomerates to mutual fund giants to local community banks. Millions of financial transactions race through the Web daily, and the number grows exponentially each year. So, the question is no longer when are financial institutions going online, but how. Banking and Finance on the Internet analyzes the technological developments and electronic strategies that are driving full-scale online commerce into the financial services sector. Edited by Internet expert Mary J. Cronin, Ph.D., with contributions from online innovators at leading firms worldwide, the book examines the impact of Web-based commerce on key issues and challenges for financial services, such as:"Virtual banks" and the new products and services they are developingBringing mutual funds and stock trading to the WebSmart cards, e-cash, and other electronic payment options and their implications for digital trustElectronic commerce strategies and products of major credit card and financial clearinghousesThe role of standards and strategic partnerships in creating new opportunities for retail and commercial banks, brokerages, international firms, and investment and financial services companiesThis collection combines the strategic vision of industry leaders with the implementation experience and hard-won insights of financial entrepreneurs and technology innovators to provide a dynamic overview of this fast-moving competitive arena. Banking and Finance on the Internet will help you see beyond todays e-commerce headlines to evaluate the fundamental issues involved in moving financial services to the Internet. Its authors provide an invaluable assessment of risks and opportunities, winning applications, and critical turning points in online financial services.
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