e-Finance : the electronic revolution / Erik Banks.

Format:

Book

Author/Creator:

Banks, Erik.

Language:

English

Subjects (All):

Financial services industry--Computer networks.

Financial services industry.

Electronic commerce.

Internet.

Computer networks.

Physical Description:

viii, 209 pages ; 24 cm

Place of Publication:

Chichester ; New York : J. Wiley, [2001]

Summary:

e-Finance: The Electronic Revolution is the first comprehensive and practical attempt to chart the history, progress and future of B2B and B2C electronic financial services. It explains clearly and concisely how and why the world of retail and institutional finance has started a migration from conventional foundations to computerized, internet-driven practices, and considers where such efforts will ultimately lead. Industry examples from different countries and markets are included throughout the book to illustrate the expansion, failures, successes, and future of electronic finance.

Contents:

1 The arrival of e-commerce 1

e-commerce in the Internet age 1

e-commerce sectors and models 4

e-commerce implementation 9

e-finance sectors and models 15

2 The evolution of digital finance 22

Digital finance before the web 22

The creation of B2C and B2B e-finance platforms 24

Development of e-finance infrastructure solutions 33

Selecting e-finance structures 35

Barriers to entry 38

Regulating e-finance 42

3 Financing digital finance 47

Funding web products and services 47

Self-financing 48

Venture capital 49

Angel and incubator investment 55

Corporate strategic funding and internal corporate funding 58

Public and private refinancing 60

4 B2B e-finance 63

The B2B value proposition 63

IPOs and new issues 66

Electronic trading 69

Investment banking and corporate banking services 82

Other services: processing, valuation, clearing and settlement 87

5 B2C e-finance 92

The B2C value proposition 92

Online trading 93

Online banking 101

Wealth management 114

Insurance and annuities 117

6 The information of business 122

The information value proposition 122

Infomediaries and vertical portals 124

Information and research 127

Education and analysis 134

Aggregation and information management 136

7 The digital future 140

Trends ... 140

... Growth ... 153

... And contraction 156

New technologies 160

Appendix The digital revolution 169

Computing: from electromagnetics to silicon chips 170

Talk of the trade 181

Communicating: phones, cells and fiber 182

Networking: the history of the Internet 191.

Notes:

Includes bibliographical references (pages [199]-200) and index.

ISBN:

047156026X

OCLC:

45917218