Apr 09 2008 5 mins 1
Imagine living in a country where electronic voting is universal, there are 39 million Internet users, and 25 million of them are also Internet banking users.
Welcome to Brazil, whose online banking services and lessons-learned were presented to attendees at the RSA Conference on Tuesday.
According to Maria Aarao of security vendor Certisign Certificadora Digital, Brazilian banks benefit from a country where Internet usage is high and the government actively supports electronic services - and security. Brazilians vote and pay their income taxes online, and the Internet banking marketplace has existed since 1995. Among the most common services used by commercial and consumer customers today:
Real-time money transfer;
Bill pay;
Tax payment;
Social security payments.
