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Internet Banking: The Bank's PerspectiveProduct Type: Market Research ReportPublished by: TowerGroup Published: July 2000 Product Code: R301-652 Description Interest in Internet-based PC banking remains extraordinarily high. This TowerGroup Research Note looks at Internet banking from the bank's perspective. It reviews Internet banking penetration rates within US banks among various size institutions and forecasts growth rates. The factors driving Internet banking growth are examined. The results of a recent TowerGroup study of bank views on Internet banking are reviewed. The Note also projects aggregate spending for online banking technology and considers spending vs. income.
Table of Contents HighlightsIntroduction Definition of E-Banking Functionality and Content Continue to Improve Banks Offering Internet Access Still a Minority Strong Availability Growth over the Next Five Years Factors Driving Internet Banking Growth Internet Banking is Becoming a Defensive Strategy Banks Recognizing Internet Access as a Critical Strategy US Bank Investment in Online Banking Technologies Internet Banking Remains an Expense but Promises Significant Revenues Conclusions |
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