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Online banking is fast becoming a convenient functionality in the United States. In 1998, there were already 6.6 million U.S. households banking online, said the U.S. market research firm International Data Corporation (IDC, 5 Speen St., Framingham, MA 01701; Fax: 508/872- 8200). More than 32 million households in the United States are expected to be banking online by 2003, according to (www.idc.com/Data/Internet/content/NET060199PR.htm) recently released research.
Describing factors driving the explosive growth in online banking, IDC ...