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∙ 12y ago
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What does swiftness mean?
SWIFT stands for Society for Worldwide Interbank Financial Telecommunications. Established in 1973, it provides safe and secure financial transactions for its members.
What are common electronic banking services?
Allows customers to do financial transactions on a secure website operated by their online virtual bank, credit union or building society.
During a financial transactions what data should not be viewed by the rest of the world?
None of the data should be viewed by anyone and should be sent either encrypted or on a secure channel
A VPN is able to provide secure communication because it the original data by placing it inside a secure tunneling?
A Virtual Private Network is a method of sending business information from one place to another in a secure manner. The level of security is strong enough for international financial transactions.
What are some of the transactions reflected in the financial statements of Electronic Arts?
What are some of the transactions reflected in the financial statements of Electronic Arts
Protection against fraud:?
Payment gateways have built-in tools to detect and prevent fraudulent transactions. This protects your business from financial losses and helps ensure a secure payment environment for your customers.
Is ecommerce a secure technology?
Ofcourse, an e commerce is a secure technology as it uses secure hyper text protocol services & secure payment gateways for easy & secure transactions.
What are the characteristics of financial accounting?
Financial accounting allows business a systemic way to enter financial transactions. The following are some of the characteristics of financial accounting: transactions must be monetary, legal requirement, external use, and historical nature.
Electronic ways of recording financial transactions?
Calculator...
Where do you find decimals being used?
Financial transactions
Explain special relationship between banker and customer?
Bankers and customers work together to do financial transactions. A good banker will help a customer secure mortgages, balance accounts, and maintain a good relationship with the bank.
What can use your statement for us bank?
As proof of your financial transactions
