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In just a short space of time, the impact of the Internet and its associated technologies on the financial industry, in particular, has been huge. In the UK alone, £44 billion e‐commerce sales last year were in financial services. business‐to‐business transactions are predicted to continue to grow, as the Internet provides a very efficient trading network. There are, however, a myriad opportunities and risks associated with this new model of doing business. This volume brings together a series of essays which explore some of the key trends.

It begins with a series of nine articles which explain the basics of...

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