E-fraud has become more prevalent in Zimbabwean banks because of the growth of Internet access and the acceptance of electronic payment channels as a preferred method of payment. Electronic Banking ...frauds result in significant financial losses. The study made use of descriptive research methodology to examine the factors causing the rise of electronic fraud in the banking sector of Zimbabwe. The questionnaire's primary data was selected from the respondents subjected to the purposive sampling method. The research focused on types of electronic banking fraud in Zimbabwe, factors causing the surge of e-banking frauds and the employment of management practices to control Electronic Banking fraud. The researchers noted that the rise of electronic banking frauds was due to phishing and card cloning and the rise was due to limited use of modern technologies, particularly machine learning and biometrics.
•The global spread and use of internet and mobile contributed to the development of new forms of banking and financial payments.•Digital payments and baking were introduced as new ways to conduct ...convenient and effective financial transactions.•There is a lack of research which focuses on both, digital banking and payment methods in GCC countries.•In view of the importance of digital banking and payment methods and the gaps in the current state of knowledge in the field, the aim of this paper is to provide a comprehensive literature review and perform weight and meta-analysis. By reviewing 46 studies, it was found that best predictors for digital payment and banking adoption in GCC countries are trust, perceived security and perceived usefulness.•Based on the extensive literature review, the conceptual of factors affecting adoption digital banking and payment methods in Gulf countries model was proposed, which will send agenda for future research.
The global spread and use of internet and mobile contributed to the development of digital payments and baking. There is a lack of research which provides comprehensive synthesis and analysis of factors affecting the use and adoption of digital banking and payment methods in GCC countries. Thus, the aim of this paper is to provide a comprehensive literature review and perform weight and meta-analysis. By reviewing 46 studies, it was found that best predictors for digital payment and banking adoption in GCC countries are trust, perceived security and perceived usefulness. Based on the extensive literature review, the conceptual of factors affecting adoption digital banking and payment methods in Gulf countries model was proposed, which will set agenda for future research. Practitioners will be able to use the findings from this study to improve adoption and quality of digital banking and payment services
This study posits that all innovations meet consumer resistance, and overcoming this opposition must occur prior to product adoption. Factors driving service innovation resistance remain unclear. To ...better understand this behavior, the present study examines how five theory-driven adoption barriers—usage, value, risk, tradition, and image – as well as three consumer demographics—gender, age, and income—influence consumer adoption versus rejection decisions in Internet and mobile banking. Data from two large nationwide surveys conducted in Finland (n=1736 consumers) test hypotheses using binary logit models comparing mobile banking adopters versus non-adopters, mobile banking postponers versus rejecters, and Internet banking postponers versus rejecters. Study results find that the value barrier is the strongest inhibitor of Internet and mobile banking adoption. In addition, the image barrier slows mobile banking adoption, and the tradition barrier explains the rejection of Internet banking. Gender and age significantly predict adoption and rejection decisions. The results demonstrate notable differences between these seemingly similar service innovations.
This study is aimed at determining the effect of expected effort and social influence factors on expected performance when using internet banking. The study adapts the constructs and definitions from ...the UTAUT model in the context of the adaptation of online banking technology. With regard to the nature of the variables analyzed, the following statistical tests and methods were used: calculation of average values using descriptive statistics; multiple linear regression analysis – to interpret associations between quantitative variables. Banks, as well as users of these banking services in the online environment, are the subject of research. The survey sample consists of 454 men and women and reflects the profile of online consumers across different countries of the European Union. The results of this study show the impact of the social influence construct on the respondents’ behavior when using electronic banking. The expected effort factor in the study significantly affects the expected performance factor, which can be characterized by original research, which showed that the effect of perceived ease of use on behavioral intent and use is incompatible with the degree of system complexity.
A key objective of information technology (IT) research is to assess the value of technology for users and to understand the factors that determine this value in order to deploy IT resources better. ...This paper uses structural equation modeling to ascertain the extent to which 3 popular models of users' behavior—theory of reasoned action (TRA), theory of planned behavior (TPB), and technology acceptance model (TAM)—are predictive of consumers' behavior in the context of Internet banking. Unlike other tests of these models, this paper employs independent measures of actual behavior, as well as behavioral intention. The results indicate that TAM is superior to the other models and highlights the importance of trust in understanding Internet banking behavior.
Physical unclonable functions (PUF) are cryptographic primitives employed to generate true and intrinsic randomness which is critical for cryptographic and secure applications. Thus, the PUF output ...(response) has properties that can be utilized in building a true random number generator (TRNG) for security applications. The most popular PUF architectures are transistor-based and they focus on exploiting the uncontrollable process variations in conventional CMOS fabrication technology. Recent development in emerging technology such as memristor-based models provides an opportunity to achieve a robust and lightweight PUF architecture. Memristor-based PUF has proven to be more resilient to attacks such as hardware reverse engineering attacks. In this paper, we design a lightweight and low-cost memristor PUF and verify it against cryptographic randomness tests achieving a unique, reliable, irreversible random sequence output. The current research demonstrates the architecture of a low-cost, high endurance Cu/HfOFormula: see textSi memristor-based PUF (MR-PUF) which is compatible with advanced CMOS technologies. This paper explores the 15 NIST cryptographic randomness tests that have been applied to our Cu/HfOFormula: see textSi MR-PUF. Moreover, security properties such as uniformity, uniqueness, and repeatability of our MR-PUF have been tested in this paper and validated. Additionally, this paper explores the applicability of our MR-PUF on block ciphers to improve the randomness achieved within the encryption process. Our MR-PUF has been used on block ciphers to construct a TRNG cipher block that successfully passed the NIST tests. Additionally, this paper investigated MR-PUF within a new authenticated key exchange and mutual authentication protocol between the head-end system (HES) and smart meters (SM)s in an advanced metering infrastructure (AMI) for smartgrids. The authenticated key exchange protocol utilized within the AMI was verified in this paper to meet the essential security when it comes to randomness by successfully passing the NIST tests without a post-processing algorithm.
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