Business Frontiers, Vol. 1, No. 1. Title: Cryptography in the Banking Industry. Publication date: Oct, 2012. Authored by Arpan K Kar, Supriya K Dey This paper can be cited as follows: Kar, A.K., Dey, S.K. (2012). Cryptography in the Banking Industry. Business Frontiers, 1(1), 1-7. Abstract: The development of cryptographic techniques has seen [Click to read more..]
Ever heard of private banks financing the needs of the really needy? They don’t. That’s because the really needy customers will never have the monetary disposition to pay off the interest which is applicable for their risk profile. Isn’t that a tragedy of errors for these financial institutions?
Data security is a major concern in the banking industry where over the years technology has been used to implement various standards to facilitate the implementation of security in the various transactions and internal processes in the industry. Post 1996, banks started implementing data security in transactions using EDI or Electronic data Interchange standards. Financial [Click to read more..]