Business Services Industry
US online banking set to grow according to Financial Insite report
Internet Business News, April 19, 2002
INTERNET BUSINESS NEWS-(C)1995-2002 M2 COMMUNICATIONS LTD
The number of US households that are either banking or paying bills online will grow from 20% in 2001 to 33% in 2005, according to a Financial Insite report.
The company goes on to state that there were 20m households conducting online banking or bill payment in September 2001, a number that is expected to rise to between 24m and 25m in 2002. Similarly, only 0.6% of consumer banking was carried out online in 2001. The figure for 2005 is predicted to be more like 17.6%.
((Comments on this story may be sent to info@m2.com))
COPYRIGHT 2002 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
Most Recent Technology Articles
- TELECOMMUNICATIONS : TELECOMS PACKAGE LEAVES COMMISSION, EP AND COUNCIL IN DISCORD.
- TELECOMMUNICATIONS : MEPS PRESSED TO FINALISE TELECOMS PACKAGE.
- AUTHORS' RIGHTS : PARIS PUTS GRADUATED RESPONSE' ON AUDIOVISUAL COUNCIL'S AGENDA.
- RAIFFEISEN INFORMATIK BUY OF PC-WARE AUTHORISED.
- MOBILE TELEPHONY : REDING OBTAINS "STRONG AGREEMENT" ON ROAMING.
Most Recent Technology Publications
Most Popular Technology Articles
- What is precision air conditioning and why is it necessary?
- Business process re-engineering in the small firm: A case study
- Base course modification through stabilization using cement and bitumen
- BizRate to monitor in-store customer satisfaction for Office Depot stores - Market Intelligence
- Speed control of separately excited DC motor
Most Popular Technology Publications
Content provided in partnership with http://findarticles.com/source//
Sponsored by Merrill Lynch