Over the next five years, online acquisition will become more mainstream in North America, leading to a large portion of overall sales moving online for both checking and savings accounts. For example, by 2013, 37% of US online consumers who apply for savings accounts will do so online. Drivers of the growth in online applications include demand factors like age, online tenure, and perceived security. Additionally, more firms will offer the ability to apply online for deposit products, and the quality of the online shopping experience will increase usage.
TABLE OF CONTENTS
Online Deposit Applicants Are A Different Breed — For Now
The Drive Toward Online Sales Of Deposit Products Has Just Started
Forecasting North American Deposit Sales From 2008 To 2013
WHAT IT MEANS
More Online Applicants Will Affect More Than Just Applications
Supplemental Material
Related Research Documents
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