Electronic Banking: New Developments and Regulatory Risks

Topics:
Commercial Banking
Tags:
Banking,
Electronic Banking,
Financial Services
Source:
International Monetory Fund

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Overview: This paper discusses about the electronic Banking, as it turns out, is mostly about information, and our technology law practice is increasing focused on all those areas of law that relate to the regulation and protection of information. Privacy and its many dimensions - which include information security, consumer marketing preferences, and information sharing with affiliated and nonaffiliated companies - is one of the most significant challenges facing the American financial services industry today. It is a particular challenge to organizations that are especially advanced in electronic banking, since technology permits the ready gathering and analysis of vast quantities of information about individuals and their financial transactions.

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Format: PDF | Size: 83KB | Date: May 2002 | Pages: 8

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