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Online business banking rising sharply

Northwestern Financial Review, Jun 15-Jun 31, 2002

Online banking use doubled last year among small businesses, according to a study by Informa Research Services. The study looked at 2,000 businesses with annual revenues of $50,000 to $1 million and companies with revenues of $1 million to $20 million. For companies in the first category, online banking use increased 70 percent since the 2001 survey.

For those in the second category, it grew 95 percent.

Copyright NFR Communications Inc Jun 15-Jun 31, 2002
Provided by ProQuest Information and Learning Company. All rights Reserved
 

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