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For Financial Services Professionals

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May 12, 2006

Why Half Of Europe's Net Users Don't Bank Online

by Elena Giovannini, Benjamin Ensor

with Cliff Condon

This is an excerpt

Executive Summary

Nearly half of Europe's Net users now bank online. But the other half — 80 million Net users — have either tried online banking and given up or have never banked online. Banks are losing online banking users due to a mix of poor service design, security fears, satisfaction with existing channels, and marketing messages that aren't getting through. Banks need a mix of carrots and sticks to persuade more Net users to adopt online banking.

This is an excerpt

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