WebProNews

Extra Security Makes Online Bankers Nervous

In an effort to protect customers against fraud like phishing, banks have added extra security features for people who bank online.

Online Banking Preferred By Younger Generation

Banking at a branch still ranks first overall among consumer's usage, but younger customers are continuing to do their banking online, according to a survey from the American Bankers Association.

Young Adults Favor Online Banking

Consumers born between 1982 and 2000 are accustomed to using the Internet to access financial services, according to Celent Communications "The Millennials, Financial Services and the Web" report.

Yahoo Bill Pay To Perish

You may not have known this service existed, and even if you did, it’s unlikely that you used it.  At any rate, in Yahoo’s effort to cut back and slim down, Yahoo Bill Pay has become the latest casualty.

Self-Service And Online Banking

Over 75 percent of U.S. and Canadian consumers polled said they were more likely to do business with organizations that offered self-service, according to a study from BuzzBack Market Research for NCR.

Online Banking Paying Off

Financial institutions of all sizes are opening virtual branches that offer higher savings yields and lower interest rates in an effort to lure more customers.

Online Banking Has Strong Growth

Online banking is growing 27 percent yearly, which is faster than other retail banking channels, according to TowerGroups's "Delivery Channel Volumes in the United States, 2006-2010: From 'In Line' to Online" report.

Pew Survey On Online Banking

In a report titled "Online Banking 2006: Surfing to the Bank," the Pew Research Center declared that the number of Internet users who bank online is on the rise. Unfortunately, their most recent in-house data appears to be from December of 2005.