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Virtual Banking
Beginning of essay
TABLE OF CONTENTS
01.00............ EXECUTIVE SUMMARY
02.00............ TRENDS IN RETAIL BANKING
03.00............ ABOUT THE INTERNET
04.00............ VIRTUAL BANKING AND APPLICATIONS
04.01............ SMART CARDS
05.00............ EXAMPLES
06.00 ....
Middle of essay
....pecifically to their financial needs, and non-bank competitors are
better fulfilling these needs. Banks today hold only 20% of household financial
assets, versus 34% twenty years ago; they have 30% of business deposits, versus
42% only seven years ago. Nonbank credit card providers have gained inroads
against banks, holding a 25% market share versus 5% in 1986 (WebTech, Inc., May
17, 1995).
Internet banking offers an attractive solution to this redesigned products and
services. Customers have 2.... |
| Number of words: 1711 |
Approximate pages: 7 |
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