Campus Units
Supply Chain and Information Systems
Document Type
Article
Publication Version
Published Version
Publication Date
2-2002
Journal or Book Title
Journal of Electronic Commerce Research
Volume
3
Issue
1
First Page
15
Last Page
22
Abstract
Modern financial institutions have cashed in on the electronic business opportunities of the Internet by developing numerous payment systems to meet various payment service requirements. Advanced computer systems and telecommunications technology are being used to offer fast, convenient, and secure ways to conduct financial transactions at service and security levels that are hardly or never achieved by traditional payment systems. In this paper, we examine the function and operation flow of the electronic funds transfer process as well as its security control mechanism. To evaluate telecommunication and data security techniques, a standard-leading inter-bank payment system called the Society for Worldwide Inter-bank Financial Telecommunications System is introduced. Some important security features are investigated in detail.
Copyright Owner
Journal of Electronic Commerce Research
Copyright Date
2002
Language
en
File Format
application/pdf
Recommended Citation
Zhu, Dan, "Security Control in Inter-bank Fund Transfer" (2002). Supply Chain Management Publications. 76.
https://lib.dr.iastate.edu/scm_pubs/76
Included in
Communication Technology and New Media Commons, E-Commerce Commons, Finance and Financial Management Commons
Comments
This article is published as Zhu, Dan. "Security control in inter-bank fund transfer." Journal of Electronic Commerce Research 3, no. 1 (2002): 15-22. http://www.jecr.org/node/288. Posted with permission.