January 2007
Bank Technology News;Jan2007, Vol. 20 Issue 1, p16
Trade Publication
The article offers news briefs related to electronic banking in the U.S. Thirty-three million consumers have been discouraged from online banking due to data breaches, identity thefts or online hack attacks that has damaged $2 billion in electronic commerce sales in 2006. The interest-rate environment that has pushed online mortgage purchases ahead of Web-based refinancing will continue until 2009. Fast food, coffee or subway tokens became too inexpensive for a debit or credit card payment.


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