Ahmed al – Sumaidaie
talk parties continue among experts on the advancement of the banking business in the country to suit the stage of economic transformation , which is working to bring large investments in all sectors without exception.
This requires banking business provides fast services commensurate with the size of the next foreign capital to the country ‘s large Barkamha, where calls for international companies to provide banking services Hdbuth, here must work towards the transfer of technology from the developed world to create a sophisticated banking field.
Valenhod the banking sector requires a stand when banking systems, with a focus on the importance of discussing modern banking systems applied in banks, as well as legislation and legal means of payment required in electronic commerce.
The lack of dissemination of banking culture and the importance of modern banking services and methods of use is an additional problem, especially as the voices resound to the trend towards electronic banking for being a new service entered Iraq recently and use is an achievement on the banking and financial level.
There are three types of payment systems which advance payment credit – card and payment immediately upon receipt, and payment in advance , such as smart card, and the most suitable for the Iraqi situation is the payment method in advance which can be accomplished via the Internet and can be implemented quickly unlike other roads.
It is important to the cooperation of all private banks with the Central Bank of Iraq in the application of payment systems as a result in a quick electronic service serving the banking business, with an emphasis on all these banks to adopt internal banking systems in line with modern developments and technologies adopted in the countries of the world.
We have become branches of major companies around the world after the banking technology conference sponsored by the Central Bank of Iraq and can characterize the efforts of these companies to serve the national economy.
Here we recommend the parties concerned the coordination of which state institutions and the legislature and banking institutions and (CBI) and the Association of Banks and mobile phone services and the Internet between them and the formation of a coordinating committee and the construction of proposed laws and official instructions projects to ensure the success of electronic applications and prevent attempt penetration, fraud and cyber crime.