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The purpose of this report is to encompass and analyze the advantages of the creation, the implementation and transformation of software product in the production and processing of products. Several main conclusions have been made in the scientific report, with the general conclusion being that based on the computer program developed and implemented in practice, an easier method of work is ensured, while considering the specific pre-production and production processes, as well as processing operations in productio...

Risk management is increasingly seen as part of the concept of sustainable corporate development and improvement. It is a logical process or approach that aims to eliminate or at least reduce the level of risk that accompanies the implementation of company policy and achievement of organizational goals. Risk management is part of the managerial responsibility that bears every head of a business or public organization. That is why the issue of optimal risk management policy is particularly important. In this way, t...

The digitalization of financial services at its current stage is characterized by high dynamics in terms of information technology used, with the expansion and complication of the relationship with consumers, which requires constant improvement of the forms and methods of management of organizations offering financial services. The emergence of phenomena such as cryptocurrencies, blockchain transactions, fintech companies, and others modify the financial services market, which is traditionally dominated by banks a...

The use of a qualified electronic signature has become more widespread in recent years, and one of the main prerequisites for this is the development of electronic services using a qualified electronic signature for authentication. Some of the services require additional entry of a username and password and they show that a qualified electronic signature complements the security of authentication by becoming the so-called "Second factor". All services provided by a qualified electronic signature in the browser are...

In this publication, we summarize, systematize and analyse data collected for studying the use of HTTPS in the public sites of banks in Bulgaria and Serbia. The scope of the study is limited to the public site of the particular bank. We examined the web sites of all 20 banks licensed in the Republic of Bulgaria and 27 Serbian banks licensed by the Serbian National Bank at the time of the survey. The survey excludes the foreign bank branches operating in the respective countries. The main objective of the study is ...

In this study, we collected data from nine domestic Irish bank web sites and nine domestic Finnish bank web sites. Both countries have many similarities in political, demographical, financial and economical areas. Each of the selected banks represent a typical domestic bank, which is under the control of the respective national central bank. The results of the study could be used as a guide for good and bad practices because of highly qualified personnel employment in the credit institutions, decisions are based u...

The Geohash geocoding system is a way of geographic coordinates coding by converting the latitude and longitude pair into an alphanumeric character string where each subsequent symbol increases the position accuracy. The algorithm for separating the map onto individual spaces uses simple arithmetic operations and as a result, the spaces have different surface areas - in the proportions near 1:2,4 for spaces located between latitude 0В°-45В° and those located between latitude 45В°-90В°. All subsequent divisions ont...