| Instructor |
Professor
Michael Shamos ( shamos@cs.cmu.edu
) |
| Syllabus |
The module covers banking systems, e-payment security, foreign exchange,
Internet banking, wireless payments, stored-value cards, micropayments,
peer-to-peer payments, electronic and virtual currencies such as Bitcoin,
large-scale B2B payments and the future of money. Particular attention
is given to Hong Kong and Mainland China banking and payment systems. |
| Learning outcomes |
Upon completion of the module, you should
understand the different forms of electronic money, how money moves through
the world's banking systems, how security is achieved in payment systems,
how electronic banking works and the unique role of Hong Kong payment
systems in world commerce. After taking this module, you should be able to
select and even design an appropriate payment method to fit a particular
business model even as underlying technologies, such as mobile platforms,
undergo rapid change. |
| Prior knowledge
expected |
None |
| Topics covered |
- Introduction to money and banking
- Automated clearing and settlement systems
- Epayment security & digital signatures
- Credit card protocols: SSL/TLS, SET, 3-D secure
- Smart and stored-value cards, Octopus
- Micropayments
- Mobile payments, digital wallets
- PayPal, banking in Mainland China
- Electronic cash, virtual money systems, Bitcoin
- Electronic invoice presentment and payment (EIPP), elimination of
invoices: scan-based trading
|
| Teaching format |
Ten 3-hour lectures
|
| Assessment |
- In-course assessment (40%)
- Class participation 10%
- Individual assignment 30%
- On-site open-book exam (60%)
Date: 10 April 2015 (Fri)
Time: 7:30pm - 9:30pm
Venue: Room 237, Main Building
Note: Students are required to fulfill a minimum attendance
requirement of 70% for the purpose of applying for the Continuing
Education Fund.
|
| Information on CEF |
Information for part B of the CEF application form
- Name of Institution/Course Provider: HKU
- CEF Institution code: 001
- CEF Course Title: Electronic payment systems (Module from MSc in
Electronic Commerce & Internet Computing programme)
- CEF Course Code: 23Z01925-8
|
| Course materials |
Prescribed textbook: M. H. Sherif, Protocols for Secure Electronic
Commerce, 2nd Edition, CRC Press (Nov 2003) |
| Enrolment |
No add or drop after 1 March 2015 (23:59) |
| Class quota |
Class size will be maintained at 70. |