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Article: Leading Banks Say Number of Businesses Using Internet Banking is Increasing; Magnet User Conference Reveals Future of Internet Business Banking.
- Article from:
- Business Wire
- Article date:
- July 26, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/Hi-Tech Writers
ATLANTA--(BUSINESS WIRE)--July 26, 2001
Magnet Communications, Inc. (www.magnetbanking.com), the Internet Business Banking Authority, revealed today the unique findings from a survey of 25 leading banks that recently gathered in Atlanta for Magnet's Second Annual User Conference on June 12.
According to the banks surveyed, indications are that there will be a sharp increase in the use of Internet business banking over the next few years. On average, the number of financial institutions using online business banking is expected to more than double within one year and more than triple by 2003. Within the next four ...
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