The 12 determinants of information systems are classified into four: Information Quality, Information Accessibility, Information Presentation, and Information Security. Information Quality is the detailed representation of information and its appropriateness to the task determined by accuracy, precision, completeness, age, timeliness, and source while Information Accessibility is the availability of information to the systems and admissibility in using the information under laws and regulations.
Information Presentation is the level of summarization comparing the number of individual items where the data is based and the number of items that the data is presented as well as the format where the information is organized and expressed. Information Security refers to access restriction and encryption, which converts data into coded form and decoded by an authorized person only. This technology (e-banking) has made banking easy and accessible to customers anytime, anywhere.
It creates a database for all products, handles payments, transfers money, deposits and withdraws, supports credit card bill payment, initiates new account, offers investment and brokerage services, administers client’s personal portfolio, displays transactions history, provides on-line trading information, accepts applications for loans and credit cards, and shows daily information of stock prices, foreign currency exchange rates, and historical data. Besides the ATM, one can access these services through the internet and mobile phones.
Need essay sample on "Information Systems"? We will write a custom essay sample specifically for you for only $13.90/page
Alter, S. (2002). Information and Databases. Information Systems: Foundation of E-business. Prentice Hall; 4th ed., January 15, 2002. ISBN: 0130617733 Alter, S. (2002). Information and Databases. Information Systems: Foundation of E-business. Retrieve May 28, 2006, from http://72. 14. 209. 104/search? q=cache:tyH_SsASnwAJ:mis. njit. edu/Ullman/CIS465/99F/ppt97/cis465F99_4InfoDB. ppt+12+determinants+of+information+usefulness+and+related+roles+of+information+systems&hl=tl&gl=ph&ct=clnk&cd=1