Related papers: An Electronic Payment System to Ensure Cost Effect…
The landscape of payment methods in retail is a complex and evolving area. Vendors are motivated to conduct an appropriate analysis to decide what payment methods to accept out of a vast range of options. Many factors are included in this…
Rapid increases in information technology also changed the existing markets and transformed them into e- markets (e-commerce) from physical markets. Equally with the e-commerce evolution, enterprises have to recover a safer approach for…
The massive payment card industry (PCI) involves various entities such as merchants, issuer banks, acquirer banks, and card brands. Ensuring security for all entities that process payment card information is a challenging task. The PCI…
This article builds upon the protocol for digital transfers described by Goodell, Toliver, and Nakib, which combines privacy by design for consumers with strong compliance enforcement for recipients of payments and self-validating assets…
The rise of digital payments has caused consequential changes in the financial crime landscape. As a result, traditional fraud detection approaches such as rule-based systems have largely become ineffective. AI and machine learning…
The introduction of point of sales POS technologies as a payment system was welcoming and constitutes one of the major breakthroughs in the efforts made to rejuvenate the global financial systems. However, like other information technology…
Decentralized cryptocurrency exchanges offer compelling security benefits over centralized exchanges: users control their funds and avoid the risk of an exchange hack or malicious operator. However, because user assets are fully accessible…
The European Central Bank is preparing for the potential issuance of a central bank digital currency (CBDC), called the digital euro. A recent regulatory proposal by the European Commission defines several requirements for the digital euro,…
The main purpose of this work is in reducing the queuing delays in major supermarkets or other shopping centers by means of an Electronic Smart Cart System which will introduce an intellectual approach to billing process through RFID…
Cryptocurrencies such as Bitcoin and Ethereum have made payment transactions possible without a trusted third party, but they have a scalability issue due to their consensus mechanisms. Payment networks have emerged to overcome this…
E-business, information serving, and ubiquitous computing will create heavy request traffic from strangers or even incognitos. Such requests must be managed automatically. Two ways of doing this are well known: giving every incognito…
Central Bank Digital Currencies (CBDCs) are proposed as a public response to the uptake of privately run digital payments, with the digital euro, under development by the European Central Bank (ECB), serving as a prominent example. This…
In this paper, we consider the problem of cross-chain payment whereby customers of different escrows -- implemented by a bank or a blockchain smart contract -- successfully transfer digital assets without trusting each other. Prior to this…
We present a secure approach for maintaining and reporting credit history records on the Blockchain. Our approach removes third-parties such as credit reporting agencies from the lending process and replaces them with smart contracts. This…
EMV is the global standard for smart card payments and its NFC-based version, EMV contactless, is widely used, also for mobile payments. In this systematization of knowledge, we examine attacks on the EMV contactless protocol. We provide a…
Critical software systems face stringent requirements in safety, security, and reliability due to the circumstances surrounding their operation. Safety and security have progressively gained importance over the years due to the integration…
Renewable energy has become a reality in the present and is being preferred by countries to become a considerable part of the central grid. With the increasing adoption of renewables it will soon become crucial to have a platform which…
A fundamental problem for electronic commerce is the buying and selling of digital goods between individuals that may not know or trust each other. Traditionally, this problem has been addressed by the use of trusted third-parties such as…
A distributed and transparent ledger system is considered for various e-commerce products including health medicines, electronics, security appliances, food products and many more to ensure technological and e-commerce sustainability. This…
Credit card plays a very important rule in today's economy. It becomes an unavoidable part of household, business and global activities. Although using credit cards provides enormous benefits when used carefully and responsibly,significant…