Electronic commerce is hitting the world agenda this morning, as government officials congregate in Canada for an OECD (Organisation for Economic Co-operation and Development) summit. Official bodies in the UK, ranging from the Inland Revenue and...
The document, 'Building Confidence in Electronic Commerce', also details plans to update laws to ensure that courts recognise digital signatures as proof that an email has been sent from a certain person and not tampered with during transmission.
The council includes Derek Wyatt MP; David Kerr, MD of the Internet Watch Foundation; Nicolas Landsman, secretary general of EuroISPA; and representatives from the International Chamber of Commerce and the US Electronic Commerce Association.
This is disappointing, as unless users have the confidence to use electronic signatures then the development of electronic commerce other than for non-essential transactions will not occur. Despite the Government's stated objective of facilitating...
Accelerator for Financial Services enables electronic messaging between financial institutions, with more than 90 standard online forms for payments, foreign exchange, securities trading and reporting.
One panellist said: "It is a trading system that has far bigger capacity and far bigger pressures on reliability probably than the one in the City. The platform behind this is one of the fastest and most resilient on the internet today, processing...