Bizhunt - An online tabloid on financial risk management | Finance Blog

Next part of the previous post......... Now finance services are getting more advantages on the net. No need to go so far; just think about the banking services first. Now the entire banker has come with their internet services, you will be getting all the banking services in any 24 hrs on the net. Yes, there is no counter where you need wait in a long queue, it is known as "virtual banking". The concept of internet banking is two types. • E-Banking: It's not like the traditional banking services. 24 hrs you will be getting all the services through the internet. The whole infrastructure is designed on the net. You will have to manage you’re a/c by your self through the computer. Starting from the a/c creation to money transferring. • And the other is the traditional bank who has newly come up with the internet service for the consumers. Here also you can mange your own a/c if you don't want to go to the bank physically. Here internet works as a media, through...

Now this is time to implement your business skills through E-commerce. I know that some amount of marketers who have already designed their business structure with E-commerce business solutions. Now what is e-commerce? And how does its effecting in this business world. Let see a flash back about E-commerce. Since 1970 electronic commerce was established with a good technology. People used to do some electronic transactions like EFT , (electronic fund transfer), EDI (electronic data interchange) etc . . . . After 1980 maximum person started using Credit cards, Automated teller machine in E-commerce. From 1990 E-commerce has been additionally included in ERP (enterprise resource planning), Data mining, Data warehousing. And you can see that in ERP there is special program call SAP has come with more E-commerce related module like CRM (customer relationship management).The concept has been implemented with more & high technology. Today E-commerce means buying or selling goods/se...