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Security fears stunt online bank growth

Definitely news to me. This article below must be speaking of another user group from the people that I deal with on a daily basis?

I first discovered the joys of online banking in the late 1990s. I was living in Canada, but working for the Monitor in Boston. All my paychecks were being deposited in my Cambridge, Mass., bank account. By using Internet banking, I could pay my bills in the United States and transfer money to my Canadian accounts. I was sure that in a few years, everyone would bank online.

We aren’t there yet. Still, about 42 percent of Americans now bank online, often via a website offered by their regular “brick and mortar” bank, according to a survey by the Pew Internet and American Life Project. Of all the Internet activities Pew has studied since its inaugural survey in March of 2000, Internet banking has grown the fastest…. Source: csmonitor.com

[tags]security,online,bank,growth,fears,stunt,american life project[/tags]

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