Feeds

Online bankers take off

Europe spanks US at Net banking

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

Online banking is growing faster in Europe than in the US, according to research commissioned by BT. The number of European banks offering online transactions rose by nearly 200 per cent between November and June, today’s Financial Times said. The US had less than a third of the number of Internet banks than in the eight European countries investigated, it was found. BlueSky International Marketing said that much of this expansion was fuelled by smaller banks clubbing together to pool technology. It reported 1,265 sites in Europe, compared to 451 last November. The US saw the number of sites rise to 386 from 184. The country driving this growth in Europe was Germany, with transactional sites up from 369 to 1,048. France was also a force, seeing the number rise by 216 per cent. Suzan Nolan, president and lead marketing analyst of BlueSky, explained: "Countries with a history of online usage have a higher uptake of transactional sites than countries such as the US and the UK, which do not." But others remained sceptical of the research. Kenneth Clemmer, analyst at US-based Forrester Research, said: "There is a big difference between building [a web site] and having people come." The report also contradicted another study released two months ago. Consultants PwC and the Economist Intelligence Unit claimed that European bankers were lagging behind in Web usage and did not understand the implications of the Internet. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Bladerunner sequel might actually be good. Harrison Ford is in it
Go ahead, you're all clear, kid... Sorry, wrong film
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
Euro Parliament VOTES to BREAK UP GOOGLE. Er, OK then
It CANNA do it, captain.They DON'T have the POWER!
Forget Hillary, HP's ex CARLY FIORINA 'wants to be next US Prez'
Former CEO has political ambitions again, according to Washington DC sources
prev story

Whitepapers

Go beyond APM with real-time IT operations analytics
How IT operations teams can harness the wealth of wire data already flowing through their environment for real-time operational intelligence.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Seattle children’s accelerates Citrix login times by 500% with cross-tier insight
Seattle Children’s is a leading research hospital with a large and growing Citrix XenDesktop deployment. See how they used ExtraHop to accelerate launch times.