Virtual Banking

Essay specific features

 

Issue:

Business

 

Written by:

Dale C

 

Date added:

August 24, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

20 / 5514

 

Was viewed:

6662 times

 

Rating of current essay:

 
Essay content:

Conclusion 12 9. References 14 Introduction The Internet's explosive growth has initiated considerable activity in the financial services industry. For this industry, the Internet and, in particular, the World Wide Web, serve as a new vehicle for transmitting financial information, comparable to the invention of the telegraph 150 years ago and its use for transmitting financial information...
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Although computer networks only transport financial information, many predict radical changes including the "dissolution of geographic markets into virtual financial systems" and the "loss of national independence." These predictions are simplistic and are not based on analyzing this issue. However, the facts are (a) financial services are information commodities and (b) public computer networks offer a fast, cheap way to trade information...
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