Data Mining in electronic payment systems.
Published:
6 May 1999 y., Thursday
As companies focus on business-to-business e-commerce, electronic payment systems don_t always top the list of concerns. An example: BlueGill Technologies, a maker of tools that convert legacy data into e-commerce-ready formats, has a customer in the telecom industry that presents one of its own customers with bills that would run to 40,000 paper pages. In that case, said BlueGill marketing exec R. Pickering, the value of an Internet bill is in the mining and manipulation of data, not the single payment required on the account."They like our product because it can break the data down and present it state by state, division by division or however they need to see it to make it useful," Pickering said. "Forty-thousand pages is a big job, but not in terms of the payment technology."
Šaltinis:
Inter@ctive Week
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
In Brussels, Prime Minister Gediminas Kirkilas participated in the meeting of Nordic and Baltic (NB6) Prime Ministers which focused on the pressing topics on the agenda of the European Council: global finance crisis, energy, climate change, EU-Russia relations, and financial situation in Iceland.
more »
Prime Minister Gediminas Kirkilas attended the working dinner with President of the European Commission José Manuel Barroso, Danish, Estonian, Finnish, Latvian, Polish Prime Ministers – Anders Fogh Rasmussen, Andrus Ansip, Matti Vanhanen, Ivars Godmanis, Donald Tusk – and Swedish Minister of Foreign Affairs Carl Bildt.
more »
The European Commission has put forward a revision of EU rules on deposit guarantee schemes that puts into action the commitments made by EU Finance Ministers on 7 October.
more »
The United States began releasing long-awaited details of its $700 billion rescue plan.
more »
Australia's Prime Minister announces plans for the government to guarantee bank deposits for the next three years.
more »
Ethical bank, Triodos, says it is offering customers an alternative way to invest their funds.
more »
Energy security was the dominant theme during the meeting between Lithuanian Prime Minister Gediminas Kirkilas and Latvian Prime Minister Ivars Godmanis.
more »
The draft law would require utilities to separate – or unbundle – the distribution of electricity and gas from production.
more »
A holistic approach to eradicating poverty, which seeks to ensure adequate incomes, quality jobs and better access to social services, is advocated by the EP in an own-initiative report.
more »
Dubai showcases multi-billion dollar development projects at the annual Cityscape exhibition.
more »