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Virtual Banking
Part I 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............ .... Part II of Essay .... banking. An Ernst and Young study (Technology in
Banking Report) concluded that "nothing changes in the banking world if
customers cannot get financial services when and where they wish...this means
anywhere, at any time." Statistics show that ATM's, telephone banking, and home
banking account for over fifty percent of all banking transactions today, and
total non-branch activity is growing at fifteen percent a year. In one survey
(Web-Tech, Inc., May 17, 1995), eighty-two percent of 18- to 34-year olds polled
preferred banks with 24-hour se ....
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Words: 1711 - Pages: 7
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