An analysis of the legal basis for electronic banking in Tanzania
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Date
2011
Authors
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Journal ISSN
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Publisher
University of Dar es Salaam
Abstract
This Thesis analyzes the legal basis of e-banking in Tanzania. It addresses the key issues revolving around lack of a clear legal framework that is responsive to adoption and advancement of e-banking technologies in the banking industry. The qualitative approach and literature review for collection of primary and secondary data were adopted. It has been observed that e-banking is increasingly causing a number of problems to consumers, the major ones being theft and fraud, which cause massive losses to customers using e-banking technologies. The study has observed further that the law governing banking business in Tanzania does not address issues raised by e-banking technologies, particularly those revolving around allocation of losses. This phenomenon has far reaching consequences to customers using a variety of e-banking distribution channels for transacting banking business in that they are left without adequate legal protection.
Description
Available in print
Keywords
Banks and banking, Data processing, Law and legislation, Text books, Tanzania
Citation
Lukumay, Z. N.(2011) An analysis of the legal basis for electronic banking in Tanzania. Master dissertation, University of Dar es Salaam. Available athttp://41.86.178.3/internetserver3.1.2/detail.aspx