{'fraction_non_alphanumeric': 0.015402843601895734, 'fraction_numerical': 0.0, 'mean_word_length': 4.827586206896552, 'pattern_counts': {'":': 0, '<': 0, '<?xml version=': 0, '>': 0, 'https://': 0, 'lorem ipsum': 0, 'www.': 0, 'xml': 0}, 'pii_count': 0, 'substrings_counts': 0, 'word_list_counts': {'cursed_substrings.json': 0, 'profanity_word_list.json': 0, 'sexual_word_list.json': 0, 'zh_pornsignals.json': 0}}
Research Note: Implications of E-Commerce for Banking and Finance

This paper looks at how banks and financial firms can interact with ecommerce. First, banks and financial firms can learn from e-commerce and use the technology and business practice of e-commerce to develop and market their products to the customers. They have been quite active in this direction and as customers we are experiencing some of the results of their moves. Second, ecommerce provides a business opportunity for banks and financial firms to offer new products and services to serve the emerging needs of e-commerce. Here they seem rather slow in seizing the emerging opportunities and some of the more interesting financial services have been thought out by outsiders. The paper suggests six examples of how banks and financial firms can be more actively involved.