Examines the potential dangers of Internet-based banking. Reviews the history of Internet banking, the banking industry's commitment to the concept, the technological implications, & analysis of the possibility of public acceptance.
Written in 1998; 4,050 words; 20 sources; $ 135.95
From the Paper:
" INTERNET BANKING: A TECHNOLOGY IN SEARCH OF ACCEPTANCE
Introduction and Thesis Argument
On January 21, 1997, the Royal Bank Scotland announced that it had completed the technological fine-tuning and was now Britain's first fully-fledged Internet Bank (1). The announcement generated the suspected editorial comments that suggested that retail banking is dead, and that a brave new world of cyber transactions are the wave of the future. Is Internet Banking the trend to watch out for?
That's the leading question behind the banking industry's
top-to-bottom redesign of the entire retail operations of some of the world's largest banks, a concept some analysts are calling "Future Banks." This concept is a mix of all the elements.."
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