Therefore, in an attempt to help
online banks achieve a high level of trust, this study has developed a module that shall further tighten security of online banking, and reduce the associated risk (see figure 2), by adding a Radio-Frequency Identification (RFID) reader to the online banking system, on the end user's computer.
com also notes that it's harder to make deposits at
online banks.
As the final executant of electronic payment and balancing,
online banks act as a bridge between buyers and sellers, through which the most pivotal factor and highest level in e-business e-payment service is provided.
Pure
online banks are beginning to look like failed dreams," write analysts Christine Barry and Jennifer Schmidt.
That's a big differentiator from many
online banks that have focused on selling certificates of deposit.
com was named "Best of the Web" in the May issue of Forbes Magazine, and ranked Number 2 in the nation for Customer Confidence by Gomez Advisors in its Spring 2000 survey of
online banks.
com was also the first new bank to debut in Gomez Advisors' list of top ten
online banks, and then followed this honor by the ranking of Number 2 in the nation for Customer Confidence in its Spring 2000 survey of
online banks.
There is a lot of speculation about how
online banks will net out against traditional branch-based competitors, but I think our early strong performance clearly shows an important place for Internet-only banks in the consumer marketplace," states President and CEO Frank O.
com(TM), one of the strongest new entrants in Internet-based banking and financial services, was named to Gomez Advisors' list of top ten overall best
online banks for the second straight quarter.
com(TM) as "Best of the Web" for the category of
online banks.
There has been a healthy debate about whether or not
online banks will be able to compete against traditional branch-based banks," said Trotter.