Internet banking When was the last time you walked into a branch of your bank? Let me paint the picture for you! It is Friday evening and you just got off of work. Now you’re headed to the bank in order to deposit your paycheck. It’s a fairly routine process that all people have able to wait for a long time. However, when you actually arrive at the bank, you notice there’s a long queue line at the windows. It looks like you’ll be waiting a while before you can get home. Clearly anyone can see what’s wrong with this picture. No one wants to spend Friday evening in a line at bank. In the incredibly technologically advanced world that we live in today, it seems as though there is almost nothing that be done on the computer. Do you heard about internet banking? According to the 11th Malaysia Internet Survey conducted by ACNielsen (2001), internet banking is one of the most popular services utilized by Malaysian surfers. ACNielsen (2001) found that internet banking is expanding is expending in any Asian countries including South Korea, Malaysia, Hong Kong, Singapore, China and Taiwan. Internet banking is just one of the many options that we have available to us in this day and age. So,the benefits of internet banking are convenience, save time, excellent service, and cost effective. References: ACNielsen Online.(2001). AC Nielsen Online Taiwan online banking report . Available at : www.acnielsen.cm.tw/news.asp?newsID-38 The History of Online Banking And Its Projected Future Banking Online Security Authority A survey of electronic cash,electronic banking and internet gaming-report by Fincen.
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