Electronic money - Finance Records
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Topic: Electronic money


  
 Money - Wikipedia, the free encyclopedia
Electronic money is an entirely non-physical currency that is traded and used over the internet.
Money is one of the most central topics studied in economics and forms its most cogent link to finance.
The money created in the bank loan process is bank money and these two forms of money trade at par one with the other.
http://en.wikipedia.org/wiki/Money   (2832 words)

  
 Electronic money - Wikipedia, the free encyclopedia
After Octopus Card Limited receives money for deposit from users, the money is deposited into banks, which is similar to debit-card-issuing banks redepositing money at central banks.
Systems of accounting such as Altruistic Economics are emerging that are entirely electronic, and can be more efficient and more realistic because they do not assume a zero-sum transaction model.
A private currency may use gold to provide extra security, such as digital gold currency.
http://en.wikipedia.org/wiki/Electronic_money   (1127 words)

  
 Electronic Money - Consumer Information, Federal Reserve Bank of Chicago
Electronic payments account for more than 90 percent of the dollar value of transactions.
Electronic processing would greatly increase the efficiency of the system, but would mean that consumers would not be able to get their checks returned to them once they are cleared.
Electronic transactions cost less to process because there are no paper checks to be transported, handled, or reconciled.
http://www.chicagofed.org/consumer_information/electronic_money.cfm   (4687 words)

  
 Benjamin J. Cohen
If electronic money can be expected to have any impact at all on the effectiveness of policy, it will be through its influence on the linkages between central-bank decisions and private-market spending.
As electronic commerce (e-commerce) expands, it seems only a matter of time before various innovative forms of money, based on digital data and issued by private market actors, begin to substitute in one way or another for state-sanctioned banknotes and checking accounts as customary means of payment.
For most people, money is strictly national and effectively insular - each currency sanctioned by the sovereign state and exclusively used within a country's territorial frontiers for all standard monetary purposes (medium of exchange, store of value, unit of account).
http://www.polsci.ucsb.edu/faculty/cohen/inpress/emoney.html   (11348 words)

  
 RSA Security - 4.2.1 What is electronic money?
Electronic money may be either debit or credit.
Electronic money also encompasses payment systems that are analogous to traditional credit cards and checks.
Since digital cash is merely an electronic representation of funds, it is possible to easily duplicate and spend a certain amount of money more than once.
http://www.rsasecurity.com/rsalabs/node.asp?id=2285   (444 words)

  
 Electronic Money Laundering - An Environmental Scan
Proposed money laundering laws will require electronic money issuers to belong to a self-regulatory organisation or be licensed by a special government entity.
Proposed law on money laundering will be applicable to all financial intermediaries, including electronic money issuers; the proposed law requires that financial intermediaries provide any kind of information that will allow the reconstruction of transactions.
Issuers of electronic money are considered credit institutions, which have to obtain authorisation from the Netherlands Bank.
http://ww2.psepc-sppcc.gc.ca/publications/crim_jus/money_laundering_e.asp   (10953 words)

  
 JIBC
Electronic money is clearly attractive as a substitute for cash and checks, but it is unclear whether there are business reasons to develop new electronic money systems for large-value payments rather than adapting the existing systems to stored value card and Internet transactions.
This conclusion does not mean that non-banks could not issue electronic money, only that a non-bank issuer would have to use a bank or banks to settle transactions through the existing payment systems.
Among such issues are when payments become final, liability for authorized payments completed improperly and the ability to pledge electronic value as collateral for a debt.
http://www.arraydev.com/commerce/JIBC/9702-17.htm   (3251 words)

  
 Group of Ten - Electronic Money - Consumer protection, law enforcement, supervisory and cross border issues
Liquidity should be adequate to ensure that issuers can meet demands for funds; investment policies should be appropriate to ensure the solvency of the electronic money scheme; management should establish risk management policies and procedures and internal controls consistent with protecting the financial integrity of the scheme.
To the extent traditional banks and other regulated financial institutions are playing the key roles in the issuance of electronic money, existing supervisory and regulatory approaches are being adapted as appropriate.
Consistent with this objective, the Working Party was asked to produce a report that developed a broader understanding of the policy issues facing governments as a result of electronic money and to identify any issues that could benefit from additional international cooperation.
http://www.bis.org/publ/gten01.htm   (959 words)

  
 EMI Opinion on Electronic Money
This would provide a level playing-field, in particular as it would ensure that all issuers of electronic money would be subject to an appropriate form of prudential supervision and fall under the range of institutions potentially subject to ECB reserve requirements.
In addition, an insurance scheme for electronic money schemes could be envisaged as a way to protect the public.
the possibility must exist for central banks to impose reserve requirements on all issuers of electronic money, in particular in order to be prepared for a substantial development of electronic money with a material impact on monetary policy.
http://www.systemics.com/docs/papers/EMI_1998_opinion.html   (946 words)

  
 Token and Notational Money in
Standard of Value – The money must be a benchmark with which one can measure the worth of a product or service.
Interoperability - Owners of one form of money should be easily able to convert their money into another form of money for it to be accepted by users.
On one hand, many people fear that granting the government access to information about transactions will somehow enable a government which can scrutinize the actions of the general population in a hunt for criminals (perhaps searching a database of all transactions to determine who cheated on their taxes).
http://www.cs.cmu.edu/afs/cs/academic/class/15712-s99/www/summaries/Camp95.html   (1286 words)

  
 Digital Money
Many cryptographic protocols for secure electronic transactions require that there be at least one trusted third party to the transaction, such as a bank or a "certification authority" (CA).
These partly cryptographic, partly social, protocols require new entities, or new relationships with existing entities, but the duties and liabilities of these entities are uncertain.
Essentially, we act as accountants, keeping records of how many nella each provider has and crediting/debiting the accounts as transactions are authorised.
http://www.virtualschool.edu/mon/ElectronicProperty/ElectronicMoney.html   (2410 words)

  
 Security of electronic money
Nevertheless, it is felt that the report can contribute to improving the general understanding of the technical aspects of electronic money products and to raise the awareness of the specific risks that might be involved and of the security measures available to counter those risks.
In November 1995, the central bank Governors of the Group of Ten (G-10) countries commissioned a series of studies on specific issues related to electronic money, in view of the potential importance of this new form of money and its implications for monetary policy, consumer protection and payment systems.
The Task Force on Security of Electronic Money met regularly between January and March 1996 and during that period also organised meetings with potential suppliers of various types of electronic money products.
http://www.bis.org/publ/cpss18.htm   (497 words)

  
 Electronic Money Association
The EMA is the Trade Body representing electronic money issuers in the UK.
It brings together payments companies, the telecommunications and transport sectors as well as specialist e-money issuers to address issues of common interest and to act in the interest of the industry as a whole.
the trade body representing the interests of the electronic money industry in the UK.
http://www.e-ma.org   (99 words)

  
 Electronic Payment Schemes
Preventing disclosure of the credit card number to the merchant is thus superfluous and a simple secure socket communication mechanism to prevent eavesdropping is sufficient.
Provides strong guarantees which prevent loss of money by the bank.
Electronic Money and Money in History Roy Davies
http://www.w3.org/ECommerce/roadmap.html   (1015 words)

  
 Bankrate.com's Guide to Electronic Money
You'll probably be pleasantly surprised -- some save money, some save time and a few save both.
Doing business online saves money, so they can lend at attractive terms.
You can e-mail money to a friend or to an online auctioneer with ease.
http://www.bankrate.com/brm/news/emoney/guidetoemoney.asp   (240 words)

  
 B-IT - Vorlesung Electronic Money
Mostly, the money is transferred using one's bank account or via a credit card.
He can deposit it at his bank account just like ordinary money.
Similarly, the sender's bank will not know where the money goes to.
http://www.b-it-center.de/Wob/en/view/class211_id178.html   (245 words)

  
 Electronic money making headway in Japan
While a Suica card may be a must-have item for Tokyo commuters with about 10 million users, Edy actually leads the electronic money market in terms of the amount of transactions made, in part because it can be used in a far greater number of retailers.
Many also pointed out that they had more control over their spending patterns, given that the cards had to be loaded with cash in advance, according to the Yubitoma poll.
Furthermore, this summer the company reached an agreement with the Japanese postal system whereby postal savings holders can have their electronic money cards charged up on a monthly basis directly with a minimum charge-up of about $50.
http://www.physorg.com/news7113.html   (998 words)

  
 Electronic Money
A company allowing users to deposit money and receive ecash for spending in a listing of stores which take ecash.
Try GovBot or Pathway Indexer and search using electronic money or search the Treasury Department for government reports on this topic.
Great page of links to all kinds of banking including Online Banking, Best Rates, ATM Finder, Electronic Money, News, Credit Unions, Government, Learning, Loans and Debt, Credit, Mortgages, Currency (Exchange Rates) - all via Internet.
http://kclibrary.nhmccd.edu/e-money.html   (678 words)

  
 Epayment Links
Electronic Money and its Impact on Retail Banking (Hitachi)
Electronic Commerce and the Banking Industry (Andreas Crede)
Electronic Bill Presentment and Payment (EBPP) Business Practices (NACHA)
http://euro.ecom.cmu.edu/resources/elibrary/epaylinks.shtml   (668 words)

  
 True Wealth: Electronic Money
The computer revolution is gradually replacing the need for any cash or currency at all.
First of all, did you know that today 91 % of all financial transactions are already electronic?
The reasons are simple: E-Money is more convenient, faster, and cheaper than paper currencies -- but what should we as Christians make of this?
http://www.true-wealth.com/content/cpt2/ii_5.htm   (334 words)

  
 G-225 Electronic Money
Ascertain operating and regulatory roadblocks to growth of electronic money payment initiatives.
These answers will be of value to bankers, the securities brokerage industry, government officials, consultants, teachers, students, vendors, suppliers, economists and investors.
The next five years, ending in 2002, will see a change in payment systems methodologies as well as in industry participants.
http://www.bccresearch.com/comm/G225.html   (550 words)

  
 ECB: E-money
Regulation on consolidated balance sheet of the MFI sector (ECB/2001/13)
Euro-denominated electronic money in circulation in the euro area, outstanding amounts:
Navigation Path: Home > Statistics > Money, banking and financial markets > Monetary statistics > E-money
http://www.ecb.int/stats/money/aggregates/emon/html/index.en.html   (248 words)

  
 e-gold... Internet payments, 100% backed by gold
Refer accounts, make money using the e-gold Incentive program.
Buy or sell e-gold from/to the independent exchange service who best meets your needs.
e-gold, e-silver, e-platinum, e-palladium, e-metal, Better Money, AUG, AGG, PTG, PDG
http://www.e-gold.com   (107 words)

  
 Electronic Money Bank - Compare Prices, Reviews and Buy at NexTag - Price - Review
Saving real money is fun with this high-tech piggy bank.
Electronic Money Bank - Compare Prices, Reviews and Buy at NexTag - Price - Review
Last updated: May 17, 2006 08:20 -841065856 v1x5 810341671
http://www.nextag.com/electronic-money-bank/search-html   (127 words)

  
 CNNMoney.com
Main Companies Economy World Business Newsmakers Fun Money Corrections
10:22am: MONEY Magazine: Exclusive forecasts and key stats on 380 markets.
Main Best Places to Live Home Affordability Tool Compare Cost of Living Latest home prices Money 101 Mortgage Rates Real Estate Tips
http://money.cnn.com/money   (603 words)

  
 Electronic money - Hutchinson encyclopedia article about Electronic money
Electronic currency designed to facilitate electronic commerce transactions.
There are many different proprietary varieties of digital money competing for adoption as the principal online currency.
This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.
http://encyclopedia.farlex.com/Electronic+money   (86 words)

  
 BBC - GCSE Bitesize - Ict The implications of IT Electronic money and electronic commerce
Most workers now have their wages paid into their bank account electronically - the money is transferred directly into their account from their employer.
We don't use cash to pay for goods and services as often as we used to because there are now many electronic methods of payment, for example:
Electronic Commerce - often shortened to E-commerce - is the name given to selling and buying things using the
http://bbc.co.uk/schools/gcsebitesize/ict/implications/1lifestylerev4.shtml   (333 words)

  
 DigiCrime Electronic Money Laundering Service
Are you worried about the government tracing your electronic payments?
Select the form of money you are offering:
We currently charge a 0.002% commission for this service.
http://www.digicrime.com/laundering.html   (69 words)

  
 Internal Market - Bank - E-money and Mobile operators
According to Member States experts and the Commission services, pre-paid mobile phone cards are likely to be a form of electronic money when they are used to buy and pay third party products or services.
It will also assess the impact of the current legal framework on the electronic communication sector.
The present consultation aims at completing the legal analysis on the perimeter of the mobile operators' activity implying the issuance of e-money.
http://europa.eu.int/comm/internal_market/bank/e-money/index_en.htm   (433 words)

  
 Technorati Tag: electronic money
Become a member to save searches in a Watchlist.
Find Vendors for Money Orders at Business.com, your B2B directory.
Make Money from Home Doing Data Entry For only $99, we will train you for high paying data entry work you can do online from your home computer.
http://www.technorati.com/tag/electronic+money   (489 words)

  
 PBS: Electric Money
Discover how the digital revolution changed the world of finance.
Learn about the history of money before computers.
Hi, I'm Robert Cringely, the host of Electric Money.
http://www.pbs.org/opb/electricmoney   (64 words)

  
 Leo Van Hove - bibliography on electronic purses (and electronic money)
my Home Page - Section Home Page - Money & Finance Research Group
Leo Van Hove - bibliography on electronic purses (and electronic money)
http://cfec.vub.ac.be/cfec/purses.htm   (98 words)

  
 ELECTRONIC MONEY TRANSFER
This is one more value-added service as money can be remitted from anywhere in the world to the Beneficiary in INDIA in INDIAN RUPEES
To avail of the services, the REMITTER has to contact a WESTERN UNION MONEY TRANSFER agent or sub-agent in his country and REMIT the money in ANY CURRENCY.
We have introduced an ELECTRONIC Money Transfer Scheme besides the existing Online Remittance products Namely
http://iob.in/iobwmuemt.asp   (187 words)

  
 The Electronic Money Mill
This chillingly-real high-tech suspense novel is based upon actual flaws in the cryptographic protocol that is presently used for electronic banking.
The entire book is available in both HTML and PDF (~2.7 MB).
However, it does not take long before Carl becomes embroiled in a massive yet entirely undetected electronic counterfeiting scheme.
http://www.msen.com/fievel/mmill   (197 words)

  
 Network Payment Mechanisms and Digital Cash
Read our new book: Electronic Payment Systems for E-commerce (2nd edition), 2001
http://ganges.cs.tcd.ie/mepeirce/project.html   (34 words)

  
 Telegraph newspaper online
Featured areas include online job news, UK arts news, daily sports news from the UK and abroad including horse racing, motoring news and car test drives, money experts with advice on personal finance and the latest stock market news, as well as sections for Brits abroad.
You can take advantage of telegraph.co.uk's promotions shopping for gifts online, book a holiday - from cruises to city breaks -try your hand at telegraph.co.uk's crossword, read the latest technology news or find out your daily horoscopes.
The Telegraph's UK online newspaper - daily news and sport from around the globe.
http://www.telegraph.co.uk   (277 words)

  
 Netrepreneur's Digest
We'll show you how to triple your online profits
in 90 days or give you double your money back!
Don't forget to add us to your book marks.
http://talkbiz.com/digest   (60 words)

  
 Redirecting
Click here to go to: 4.2.1 What is electronic money?
We will promptly redirect you to your requested page, or if you prefer, click the link below.
http://www.rsasecurity.com/rsalabs/faq/4-2-1.html   (44 words)

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