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Do you think that eBanking's efficiencies are worth the reduced personal contact with banks and work force reductions? Do you think that there is a connection between the demise of the local bank and the banking crisis? If so, what are the implications for the future?
Weegy: E-banking and financial services refers to systems that enable banks and financial institutions’ customers to access accounts and general information on bank and financial products and services through a personal computer (PC) or other intelligent [ device. Ebanking products and services can include wholesale products for corporate customers as well as retail and financial products for consumers. Ultimately, the products and services obtained through e- banking may mirror products and services offered through other bank delivery channels. Examples of e-banking and financial services may include: • Cash management • Wire transfer. • Automated clearinghouse (ACH) transactions. • Bill presentment and payment. • Balance inquiry. • Funds transfer. • Downloading transaction information. • Bill presentment and payment. • Loan applications. • Investment activity. • Other value-added services. Implication for future The Internet, as an enabling technology, has made banking and financial products and services available to more customers and eliminated geographic and proprietary systems barriers. With an expanded market, banks and financial institutions may also have opportunities to expand or change their product and service offerings. ] (More)
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Expert Answered
Updated 8/13/2011 8:10:54 AM
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You should do your own work. I am in your class and this should be considered cheating. Loser
Added 8/13/2011 8:10:54 AM
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