Electronic Money Market Research Reports & Industry Analysis
The exchange of electronic money is executed using a computer network. Some examples of electronic money are direct deposit, virtual currency, digital gold currency and EFT (electronic funds transfer). Basically, electronic money is a system of debits and credits. These debits and credits exchange value within another system. This practice could be done offline or in an non electronic manner as well.
There are two main types of electronic money, identified electronic money and anonymous electronic money. Anonymous e-money is used in a manner similar to paper money. Once anonymous electronic money is withdrawn, it does not create a trail. On the other hand, identified electronic money contains identifying information regarding the person withdrawing it. Identified e-money does leave a transaction trail once it is withdrawn.
There are many benefits to electronic money. Some of these are convenience and privacy. Also, transactions can be done very efficiently keeping transaction fees low. Transactions involving electronic money take much less time than traditional transactions.
However, there are also concerns with electronic money. For example, since money can be moved in a stealth manner, there is a concern with money laundering and tax evasion. Computer crime or fraud is also a large issue. Banks and customers use digital signatures and public-key cryptology to make electronic money transactions possible and secure.
Electronic Money Industry Research & Market Reports
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Blockchain in Supply Chain: Rethinking Transparency and Data Exchange
... at current adoption rates in European enterprises, popular use cases, and the benefits of the technology. While blockchain in supply chains is gaining traction, it's still not widespread. This document discusses the challenges to greater ... Read More
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Blockchain Decentralized Storage: A Nascent Market with the Potential to Offer Cheap, Fast, and Secure Services
... cryptocurrencies are created, blockchain is fast being adopted by leading enterprises. Fortune 500 financial services firms and fintechs are rolling out blockchain proof of concepts for use in cross-border financial transactions. JP Morgan Chase, for ... Read More
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COVID-19: Quantifying the Impact on Blockchain
... spending by industry and provides a framework for how technology providers should think about their blockchain strategy going forward.This IDC study describes how IDC's Customer Insights and Analysis group evaluates the worldwide blockchain market opportunity, ... Read More
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Payments Services Market in Cambodia, Laos, Myanmar (CLM), and Vietnam, Forecast to 2025
... countries on the new Silk Road, including Cambodia, Laos, Myanmar (collectively called as CLM), and Vietnam. It is expected to enhance financial cooperation in the region, and eventually bolster the growth of the payments industry ... Read More
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Data as an Asset: Building a Business Case for Data to Digital in Financial Services Institutions
... for data transformation to make it digitally consumable. Methods for creating credible business cases, including the best ways to define and quantify business benefits and costs, are also presented. Michael Araneta, associate VP, IDC Financial ... Read More
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Global Cryptocurrency Mining Hardware Market 2020-2024
... the forecast period. Our reports on cryptocurrency mining hardware market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers ... Read More
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COVID-19 Impact on Global E-Commerce & Online Payments: May 2020
... consumers turn to online and mobile shopping to buy groceries, daily necessities, and other products. A recent survey cited in the yStats.com report revealed that a double-digit share of online shoppers were buying more digitally ... Read More
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RegTech Market by Component (Solutions and Services), Application (Risk and Compliance Management, Identity Management, Regulatory Reporting, AML and Fraud Management), Vertical, Deployment Type, Organization Size, and Region - Global Forecast to 2025
... of compliance is expected to drive the overall growth of the RegTech market The global RegTech market is expected to grow from USD 6.3 billion in 2020 to USD 16.0 billion by 2025, at a ... Read More
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Blockchain for the Future of Governments — Exploring New Competencies and Attaining Public Trust
... governments are interested in the accuracy and legitimacy in the system that can be obtained by blockchain-supported transactions. In addition, governments need to ensure the blockchain platform is scalable and compliant and supports interoperability."Government organizations ... Read More
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Global Global Crowdfunding Market 2020-2024
... reports on the crowdfunding market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the ... Read More
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Blockchain Market by Component (Platform and Services), Provider (Application, Middleware, and Infrastructure), Type (Private, Public, and Hybrid), Organization Size, Application Area (BFSI, Government, IT & Telecom), and Region - Global Forecast to 2025
... focus on reducing operational cost and faster transactions to drive the overall blockchain market The global blockchain market size is expected to grow from USD 3.0 billion in 2020 to USD 39.7 billion by 2025, ... Read More
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Global Crisis Management Software Market 2020-2024
... the forecast period. Our reports on crisis management software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers ... Read More
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IDC's Worldwide Blockchain Spending Guide Taxonomy, 2020
... Blockchain Spending Guide and all of IDC's worldwide industry research. Technology suppliers may utilize this approach and structure to also help them build an industry-focused organization."IDC's Worldwide Blockchain Spending Guide presents a comprehensive view of ... Read More
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Deterrents of Asia/Pacific (Excluding Japan) Blockchain Adoption
... not progressing as quickly as expected."Distributed ledger technology (DLT) is not something new in APEJ, and there are some key deterrents making organizations think twice about implementing it," says Jeff Xie, senior market analyst, IDC ... Read More
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COVID-19 Impact on Homeland Security Management Market by Technology (Thermal Imaging, AI-based Solution and Blockchain Solution), End-Use (Cyber Security, Aviation Security, Law Enforcement, and Risk & Emergency) and Region - Global Forecast to 2025
... Increasing demand for AI-based homeland security solutions is expected to drive the growth of the market during the COVID-19 crisis Post COVID-19, the size of the global homeland security management market under realistic scenario is ... Read More
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Global Remittance Market: Insights & Forecast with Potential Impact of COVID-19 (2020-2024)
... vital role in the economic growth and livelihoods of people across the world. Remittance inflows in developing countries make a notable share in their GDPs. Remittance market is completely dependent on the migrated population living ... Read More
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MLR, ACA, CMS, CURES, and Now CARES: Payer IT Must Again React to Government Mandates
... been introduced in the past month."Just when payer IT had gotten its feet under it after a decade of mandates and just when it could focus on proactive themes of interoperability, cloud, core transformation, customer ... Read More
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The Enterprise Blockchain Multiverse—Cross-Industry Analysis and Ecosystem Development, 2020–2026
... achieve many possible outcomes. Its best uses are in the creation of trusted digital connective tissue in open, complex ecosystems and in the programmatic creation of digital value where it cannot be easily be replaced ... Read More
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Leveraging Blockchain During a Pandemic
... unprecedented regulations, restrictions, and changes being implemented across the world. Many challenges and opportunities have arisen as a result of this pandemic situation. In this report, we discuss about the different challenges faced by frontline ... Read More
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Coronavirus (COVID-19) Sector Impact: Payments Snapshot - Australia
... globally. The contagious coronavirus, which broke out at the close of 2019, has led to a medical emergency across the world, with the World Health Organization officially declaring the novel coronavirus a pandemic on March ... Read More
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COVID-19 Impact on the Payments Industry: Italy Forecast Snapshot
... of people globally. The contagious coronavirus, which broke out at the close of 2019, has led to a medical emergency across the world, with the World Health Organization officially declaring the novel coronavirus a pandemic ... Read More
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COVID-19 Impact on the Payments Industry: US Forecast Snapshot
... of people globally. The contagious coronavirus, which broke out at the close of 2019, has led to a medical emergency across the world, with the World Health Organization officially declaring the novel coronavirus a pandemic ... Read More
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Blockchain: Regulating the New Economy
... a decentralized digital database, supports secure transactions without the need for a central authority to approve/accept the transaction. Although this technology has been recognized mainly by digital currencies such as Bitcoin and other cryptocurrencies, it ... Read More
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Europe Online Payment Methods 2020
... shoppers have diverse choices regarding online payments. Buyers in the UK and France prefer card payments and E-Wallets like PayPal, while a major share of digital buyers in selected Eastern European countries chose to pay ... Read More
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Blockchain in Manufacturing Market - Growth, Trends, and Forecast (2020 - 2025)
... to reach a value of USD 9,298.50 million by 2025, registering a CAGR of 76.26% over the forecast period 2020 -2025. When compared to several industries, such as the financial services sector, healthcare sector, etc., ... Read More
