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Internet Banking in Latin America: IT Spending and Market Trends

Product Type: Market Research Report
Published by: TowerGroup
Published: January 2001
Product Code: R301-683
Description
Latin American financial services are undergoing a significant paradigm shift in regards to the impact of technology on overall business practice. One of the fastest growing Internet markets in the world, Latin America, is as of yet unsaturated, even untapped in many regions, seemingly with enormous opportunity for companies wishing to participate in the burgeoning Internet market. As such, the region is garnering much attention from Internet companies, technology firms, telecommunications giants, and financial firms in hopes of gaining market share in this emerging market. While the Latin American Internet financial services market is still very much in its infancy, most of the largest banks have had fairly sophisticated online offerings for quite some time and are consistently adding new functionality.
Table of Contents
Highlights

Introduction

Trends in Latin American Internet Banking

Spanish Conquest of Latin American Financial Services Changes Competitive Landscape

Spanish Financial Services Behemoths Growing in Importance

Low Internet Penetration Does Not Matter in Latin America

Brazilian Banks Lead the Charge in Latin American Internet Banking

Mexican Internet Banking Spurred on by Dynamic Competitive Landscape

Demand for Internet Banking is Growing

Financial Institutions Encourage Use of Internet Banking Channel

Portal Strategy

IT Spending on Latin American Internet Banking

Conclusion

Ordering and More Information
Price and Delivery Options


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