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Internet banking in 2008 should be very different

The banking world makes radical changes slowly.

Major changes are big risks and we don’t like to jump into taking big risks
too fast … unless it’s a structured investment risk of course.

But risks related
to our technical infrastructures take place far more slowly. That is why most
banks launched internet banking well after the first internet boom had come and
gone.

Now we are entering the tail end of the second internet boom of Web 2.0
and I wonder what banks have really done in this space?

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About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here...

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