Internet Finance

Author(s):  
Marta Vidal ◽  
Javier Vidal-García ◽  
Stelios Bekiros

New developments in the Information and Communications Technology industry have substantially increased the importance of the internet over the last decade. As a result, the finance sector has developed its technological capability to be able to compete in an online marketplace with other financial services providers and to be able to serve their customer. This chapter examines the use of technology in the financial industry and the various factors associated with it, as well as introducing the reader to the main types of project initiators-contributor business relations in online crowdfunding.

2020 ◽  
pp. 2035-2052
Author(s):  
Marta Vidal ◽  
Javier Vidal-García ◽  
Stelios Bekiros

New developments in the Information and Communications Technology industry have substantially increased the importance of the internet over the last decade. As a result, the finance sector has developed its technological capability to be able to compete in an online marketplace with other financial services providers and to be able to serve their customer. This chapter examines the use of technology in the financial industry and the various factors associated with it, as well as introducing the reader to the main types of project initiators-contributor business relations in online crowdfunding.


2020 ◽  
pp. 713-730
Author(s):  
Marta Vidal ◽  
Javier Vidal-García ◽  
Stelios Bekiros

New developments in the Information and Communications Technology industry have substantially increased the importance of the internet over the last decade. As a result, the finance sector has developed its technological capability to be able to compete in an online marketplace with other financial services providers and to be able to serve their customer. This chapter examines the use of technology in the financial industry and the various factors associated with it, as well as introducing the reader to the main types of project initiators-contributor business relations in online crowdfunding.


2019 ◽  
Vol 10 (5) ◽  
pp. 262
Author(s):  
Ximeng Zhang ◽  
Myeong Cheol Choi

Convergence of Internet technology and traditional financial industry has created a new field of Internet finance. Nowadays, China has a very large Internet user base and application market. With the application and development of the Internet, China has become one of the most developed countries that use Internet banking services and has the highest number of Internet finance users. Ant Financial is the first to enter the Internet financial market, and has now become a representative of China’s Internet finance industry due to its extensive layout and rich business. Most of the previous research has only studied a part of Ant Financial without an analytical framework. Therefore, this study intends to investigate the history, development process, and success factors of Ant Financial. The contents of this paper are as follows. First, the development process and the current situation of Ant Financial Services are expounded. Second, the advantages and disadvantages of the current development process are analyzed by the SWOT analysis technique. Through the comparison of the research results, the guiding opinions for the development of Ant Financial Services are proposed. Finally, summary of the success reasons and future prospects for development are presented.


Author(s):  
Marta Vidal ◽  
Javier Vidal-García

Over recent years, technological developments in the Information and Communications Technology industry have ensured that the internet has become a significant part of man's way of life. For instance, there is tremendous popularity on the use of social sites, electronic commerce, and internet banking. Such use of the internet has created a global network in a cyberspace that connects everyone together regardless of one's geographical location, economic status, religion, or race. As a result, the trade sector, the finance sector, the media industry, and all other sectors that enable the world to run have had to depend on technology for normal function, and on the internet as a way of associating with the public. For instance, the fact that banks have stayed in the forefront of technological advances has led to significant value addition, and improvement of their products and services offered. Therefore, this paper discusses the use of technology in the finance sector, particularly internet banking in today's world, and the various factors associated with it.


Author(s):  
Tom Pfeifer ◽  
Vincent Wade ◽  
Nazim Agoulmine

The explosive growth of the Internet, the proliferation of mobile networks and the increasing difficulty in managing multi‐vendor environments and the services that they provide have altered forever the dynamics of the information and communications technology industry, the expectations of its customers and the business models under which it operates.


Author(s):  
Yousif Abdullatif Albastaki

There is a paradigm shift in the financial services industry. Combined with ever-changing customer expectations and preferences, emerging technologies such as artificial intelligence (AI), machine learning, the internet of things (IoT), and blockchain are redefining how financial institutions deliver services. It is an enormous task to remain competitive in this ever-changing environment. Financial institutions see FinTech as a major part of the digital future, and as proof of this, since 2015, financial institutions have invested over US$ 27 billion in FinTech and digital innovation. This chapter is an introductory chapter that explores FinTech in the literature. It focuses on how FinTech is reshaping the financial industry by describing FinTech phases and development process. The financial products and services using FinTech are also described with a highlight on Islamic FinTech. The chapter finally concludes by describing the future of FinTech.


2012 ◽  
Vol 11 (4) ◽  
pp. 456-479 ◽  
Author(s):  
Neal A. Palmer ◽  
Douglas D. Perkins

AbstractThis paper seeks to understand the role of the Internet and information and communications technology (ICT) in potential democratic movements. We propose an ecological model of technological development and democratization which recognizes that change can occur (1) at individual as well as social levels; (2) on a continuum from oppression to freedom; and (3) in multiple social spheres. Using case studies from China, we suggest that ICT might facilitate democracy on account of its potential transformations and efficiencies in terms of individuals’ relationships to knowledge and information; governments; persons, groups, and nongovernmental organizations; and work and traditional social roles.


2016 ◽  
Vol 20 (2) ◽  
pp. 515-531 ◽  
Author(s):  
Marcus Moberg

This article explores changing discursive practices on the implications of the continuous development of the Internet and information and communications technology (ICTs) within the Evangelical Lutheran Church of Finland. The article argues that the development of the Internet and new media technologies has been accompanied by the proliferation of a set of influential and widespread discursive formations on the character of institutional communication and practice in a digital era. These developments have motivated an increasing technologization of discourse within the Evangelical Lutheran Church of Finland that has chiefly involved a conscious redesign of its discursive practices vis-à-vis the Internet and ICTs in accordance with new criteria of communication effectivity and a notable new emphasis on training in these new practices.


2021 ◽  
Vol 58 (2) ◽  
pp. 6561-6573
Author(s):  
P. Ramachandran , Dr. R. Balasubramanian

Proliferation of the internet by multiple devices has led to dramatic increases in network traffic.  The Internet medium has also been growing with this usage, but this fast growth has also resulted in new threats making networks vulnerable to intruders and attackers or malicious users. This has made network security an important factor due to excessive usage of ICT (Information and Communications Technology) as threats to IVTs has also grown manifold. Securing data is a major issue, especially when they are transmitted across open networks. IDSs (Intrusion Detection Systems)  are methods or techniques or algorithm which cater to detection of intrusions while on transit. IDSs are useful in identifying harmful operations. Secure automated threat detection and prevention is a more effective procedure to reduce workloads of monitors by scanning the network, server functions and inform monitors on suspicious activity. IDSs monitor systems continually in the angle of threat. This paper’s proposed technique detects suspicious activities using AI (Artificial Intelligence) and analyzes networks concurrently for defense from harmful activities. The proposed algorithm’s experimental results conducted on the UNSW_NB15_training-set shows good performances in terms of accuracy clocking above 96%. 


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