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E-COMMERCE: WHO BEARS THE RISK OF FRAUD IN A BANKING TRANSACTION
ABSTRACT
Electronic Commerce has gradually taken over the role of brick and mortal bank branches in the processing of transactions. This has encouraged the use of eCommerce from the conventional elitist work and service tool to a day-to-day consumer-dependent tool. With most good things, there are always sore points. The advent of the high volume, high traffic electronic commerce space has created high risk which has become a live-in risk. The question today is who bears the risk?
INTRODUCTION
Definitions
eCommerce: This is a short form of Electronic Commerce. It is the buying and selling of goods and services on the Internet, especially the World Wide Web and other computer networks. In practice, this term and a newer term, e-business, are often used interchangeably. For online retail selling, the term e-tailing is sometimes used. Electronic commerce is generally considered to be the sales aspect of......
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Title: E-Commerce: Who Bears The Risk Of Fraud In A Banking Transaction
Approximate Word Count: 4720
Approximate Pages: 19 (250 words per double-spaced page)
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