Article: Online Banking Report Advises Financial Institutions to Accelerate the Development of Online Customer Service.

SEATTLE -- Quick resolution of customer service issues is one of the biggest potential benefits of banking online. And increasingly, when someone in the world's 100+ million online banking households requires service, they turn to the Internet, preferring it nearly 3-to-1 over telephone support.(a)

However, despite the growing preference for online help, few financial institutions treat online queries with a sense of urgency. For example, in our most recent test of top-10 U.S. banks, only Washington Mutual answered our online question within few minutes. Two of the banks took seven days and one didn't answer at all. Inferior online service leads to dissatisfied ...

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