Tuesday, May 12, 2009

MIDTERM QUESTION #2

Question #1. Research 1 Philippine Company and 1 International company that have employed e-commerce.

Answer:
Metro Bank

Question #2. Describe how e-commerce operate in these companies.

Answer:

IBM Internet Security Systems will deploy the Two-Factor Authentication (2FA) security solution that will require users to provide a second means of identification in order to obtain access to Metrobank's online banking service. Under the 2FA system the authentication process is getting more advanced while requiring a second means of identification through a security token. This protects clients against evolving online banking threats.

Question #3. Identify the benefits/ constraints/ derived by these companies from e-commerce.

Benefits:

- Advance identification through a security token.
- better customer service.

Constraints:

- Very Costly


References:

http://www.ecommerce-journal.com/news/12520_secure_e_banking_promoted_by_metrobank_and_ibm

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