|
Standard |
Posted: 12/28/05
MKT 207 - Web Based Banking and Financial Services
Course
Description
This course introduces the student to the origins of virtual
banking and finance through the e-commerce model. Topics covered: web navigation, converging technologies,
digital value chains, Digital currency and certificates, electronic banking
regulation and legislation, PIN, security and methods of setting up and
monitoring accounts.
|
Competency Areas |
Hours |
|
|
Web
navigation |
Class |
3 |
|
Converting
technologies |
D. Lab |
2 |
|
Digital
value chains |
P. Lab/O.B.I. |
0 |
|
Digital
currency and certificates |
Credit |
4 |
|
Electronic
banking regulation and legislation |
|
|
|
PIN |
|
|
|
Security |
|
|
|
Methods
of setting up and monitoring accounts |
|
|
|
Prerequisite: |
SCT 100 |
|
Corequisite: |
|
Course Guide |
|
Competency |
After completing this section,
the student will: |
Hours |
||
|
Class |
D.Lab
|
P.Lab/ O.B.I. |
||
|
Web Navigation |
4 |
3
|
||
|
Demonstrate
competent Internet navigation skills |
|
|
|
|
|
5 |
3
|
|
||
|
|
Describe
the composition and structure of the Internet and wireless communications |
|
|
|
|
|
Identify
the converging technologies that are impacting online banking |
|
|
|
|
Digital Value Chain |
5 |
4
|
|
|
|
Digital
currency and certificates |
Describe
the online banking process |
|
|
|
|
Explain
the effect of digital cash on the Federal Reserve’s Monetary Policy |
|
|
|
|
|
Describe
the electronic ACH (automated clearing house) system |
|
|
|
|
|
Explain
the E-Cash and Cybercash systems and the new
electronic “wallets” |
|
|
|
|
|
Electronic Banking Regulation and
Legislation |
5 |
3
|
|
|
|
Identify legal regulations in respect to the
FDIC’s approach to digital cash insurance coverage |
|
|
|
|
|
Identify legal regulations affecting the
banking industry |
|
|
|
|
|
Security |
5 |
3
|
|
|
|
Demonstrate and understanding of security encryption,
HTML and Java within the content of the bank and financial service network
abilities |
|
|
|
|
|
Define
virtual language, trust platforms, digital signatures, and digital
certificates |
|
|
|
|
|
Methods of Setting up and
Monitoring Accounts |
6 |
4
|
|
|
|
Demonstrate
the ability to setup bank electronic customer checking account, saving account, bill payment, funds transfer,
loan application, and credit/debit, smart card and learning personal
financial manager software |
|
|
|
|
|
Explain
the EDGAR (electronic data gathering and analysis) System, its availability
via the World Wide Web and its impact on securities markets as to stock and
bond electronic filings and registration. |
|
|
|
|
|
Suggested Resources |
Denise,
Martin V. & Nowikow, Conrad & King, Patrick
& Wright, Amy. Executives’
Guide to E-commerce/Tactics and Strategy. John
Wiley and Sons, Inc.