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
Most EU countries continue to meet deadlines for incorporating single market rules into national law, contributing to economic growth and job creation.
more »
Japanese officials unveil their new bullet train, capable of travelling at speeds of 320 km per hour (198 miles per hour).
more »
The first International Security Technology Exhibition, KIPS 2011, will be held on 23-26 February 2011 in Kiev (Ukraine). The motto of the exhibition is ‘There can never be too much security!’
more »
The world's highest restaurant opens in Dubai, United Arab Emirates, located 400 metres above ground in Burj Khalifa, the world's tallest tower.
more »
The rights of consumers will be clarified and updated, whether they shop at a local store or buy goods on line, under new EU rules as amended by the Internal Market Committee on Tuesday.
more »
MEPs on Wednesday gave their green light for the Council to conclude an Interim Economic Partnership Agreement with Papua New Guinea and Fiji, two countries of the Pacific Region with significant exports to the EU.
more »
Report sets 10 priorities for tackling the bloc's main economic challenges, launching the first ever ‘European semester'.
more »
China's first capsule hotel ready to open its doors in Shanghai, aims to capture slice of booming leisure budget travel market.
more »
Declaration by Michel Barnier on the start of three new authorities for supervision.
more »
On 1 January, Estonia adopted the euro as its official currency and the changeover is running smoothly and according to plan.
more »