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Waves Of Multimedia Banking Development

Vijayan, V.P., and Vignesen Perumal, and Bala Shanmugam, (2004) Waves Of Multimedia Banking Development. Journal of Internet Banking and Commerce, 9 (3).

Full text not available from this repository.

Official URL: http://www.arraydev.com/commerce/jibc/2004-12/Vijayan.HTM

Affiliations

Affin-ACF Finance
Monash University Malaysia, School of Business
Monash University Malaysia, Department of Accounting and Finance

Abstract

This exploratory study on the rise of multimedia banking highlighted the ‘waves’ of development experienced by the banking industry. The initial step being the ATM wave, followed by the PC wave and finally the E-cash wave. These three waves have revolutionised the banking industry. More changes have been seen over the last 30 years then over the last 300 years of banking ⁄money lending. The paper also outlined the opportunities and threats for banks due to the introduction of new technology as well as how banks are taking advantage of the opportunities and also attempting to remedy the threats.

Item Type:Journal
Subjects:H Social Sciences
ID Code:1886

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