Feeds

Forrester predicts online banking boom

E-banking to have 10 million users in Europe by 2002

  • alert
  • submit to reddit

3 Big data security analytics techniques

Almost 10 million people in Europe will seek financial guidance via the Net by 2002. Banking applications will continue to dominate on-line financial services over the next five years. And on-line insurance sales will be held back by complicated products and powerful middlemen. But UK financial services companies are behind their European counterparts and could miss out on this growth industry. That's just some of the conclusions published by Forrester Research looking at trends in the online financial services market. The report says that the UK has got off to a slow start, and that financial services firms will be further delayed by concerns about channel conflict and exaggerated hopes for interactive television. A spokesman for NatWest took issue with the severity of the report saying even if the UK was behind the rest of Europe, then it wasn't as far behind as Forrester suggested. "The UK is doing an awful lot concerning online financial service especially with the development of electronic purse solutions," he said. ®

Combat fraud and increase customer satisfaction

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.