At the Forefront of the Online Banking Revolution: Michael Zetser's Leadership Insights and Recommendations
Online banking is changing the way we do business and have fun. It's not just coming, it's here, and it's everywhere.
This huge change in the financial world, banking services, and what people expect from banks didn't happen overnight. Its roots go back to the 1980s when traditional banks started offering e-banking or digital services that customers could use from home.
Users only needed to get a username and a password. It was a new world and a weak spot for bank security, which up until then had only allowed unmanned services like ATMs. Password theft became a big part of the criminal underworld, which led to many steps to protect online banking security, which is still going on.
Since then, there have been major advances in technology, security, and accessibility as banks moved from brick and mortar to smartphones. The future isn't coming to us anymore; it's already here and here to stay. But that doesn't mean that there aren't any exciting new things that smart investors can jump on.