Disadvantages of the evolution of e-banking to the bank itself

• Lack of ATM's
• Start-up may take time
• Learning curve
• Distrust of the User

only disadvantage that comes to mind is the consumer who believes that since they did something online the transaction is immediate. Often bill pays are actually sent by paper check from a vendor and it takes days to get paid. Also, many transactions are stored and processed with the banks traditional business days, not in real time.

The use of computers and Internet in today’s society makes life much more convenient for everyone. This case proves the point that online banking as services are becoming more trusted with the increase in popularity. Also, consumers are finding financial services more suitable with Internet banking. Thus, as result, online banking is spreading like wildfire. As the number of consumers using the Internet expands, banks have to keep up with the demand and provide quality products and......

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Title: Ebanking
Approximate Word Count: 623
Approximate Pages: 3 (250 words per double-spaced page)

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