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Internet Banking: Boon or Bane?

Vignesen Perumal, and Bala Shanmugam, (2004) Internet Banking: Boon or Bane? 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/Perumal.HTM

Affiliations

Monash University Malaysia, School of Business
Monash University Malaysia, Department of Accounting and Finance

Abstract

There is little doubt that the Internet has revolutionized the entire communication system. As much as banking involves communication in one way or the other, banks have joined the communication bandwagon. Having observed the astronomical growth rate and acknowledging the potential banks adapting and often adapting the Internet to suit their functions and roles. As in any new venture there are setbacks in terms of issue of security and associated costs. As a consequence banks are working towards remedying these shortcomings so as to take full advantage of the digital revolution.

Item Type:Journal
Subjects:H Social Sciences
ID Code:1887

1. BAI, "Interest in Internet Banking by Segments", JP Morgan Interviews.

2. Booz-Allen & Hamilton, (2003), "Processing Cost Per Transaction", JP Morgan.

3. Comptroller´s Handbook, (1999), "Internet Banking", Comptroller of the Currency Administrator of National Banks, Oct 1999.

4. Forrester Research, "US EBPP Forecast"

5. Goldman Sachs, "Internet Penetration", Morgan Stanley Technology Research.

6. Harmon, S., (2001), "The Future of the Internet", Smart Investor, Issue 132, April 2001.

7. Irvine, S., (1999), "Click, click – you´re dead", Euromoney, Sept 1999.

8. Internet Banking Solutions, (2001), "Next-Generation retail banking", COMPAQ Inspiration Technology.

10. International Data Cooperation, "Growth in Internet Banking", epaynews.com.

11. Shanmugam, B and Guru, B.K. (2003), "Electronic Banking in Malaysia", IBBM Publications, Kuala Lumpur .

12. Singhal, S., (2003), "Internet Banking The Second Wave: A Banker´s Guide to Internet Strategy in the Post Dotcom Era", Tata McGraw-Hill Publications.

13. Tower Group, (2001), "US Internet P2P Payments"

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