A Design and Implementation of Cyber Banking Process and Settlement System for Internet Commerce

  • Authors:
  • Moon-Sik Kim;Eun-Seok Lee

  • Affiliations:
  • -;-

  • Venue:
  • IDEAL '00 Proceedings of the Second International Conference on Intelligent Data Engineering and Automated Learning, Data Mining, Financial Engineering, and Intelligent Agents
  • Year:
  • 2000

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Abstract

In this paper, we suggest, design and implement a cyber banking process and settlement system for Internet-commerce. The proposed system employs the concept of OPOI(One Process One Input), the basic concept of Korean BankERP System we have already developed. The system can be used for all kind of transaction like B2B, B2C and C2C. We have actually applied the system to handle real-world transactions by an alliance with a major leading bank in Korea, and confirmed its effectiveness.