http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/RSS_EBANK_EN.caliasHere are the latest issues in our E-Banking Snapshot series.Mon, 18 Mar 2013 00:00:00 +0100ResearchCopyright 1996-2010, DB Research, Deutsche Bank AGmarketing.dbr@db.comhttp://www.dbresearch.com/dbr/images/rss/logo.gifhttp://www.dbresearch.comFrom the standpoint of (potential) founders and the self-employed the inadequate supply of funding is a key (economic) problem and can particularly for entrepreneurs with limited financial resources lead to projects being cancelled at an early stage. From an economic standpoint and above all with regard to growth the efforts of the crowdfunding and crowdinvesting platforms are to be welcomed. Both funding ideas are, however, still in their infancy, but will undoubtedly develop further over the next few years. http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000303056/Crowdfunding%3A+An+alternative+source+of+funding+with+potential.pdfMon, 18 Mar 2013 00:00:00 +0100Banking, Innovation, Intangible assets, Internet, Sectors / commodities, Socio-econ. trends, Supervision and regulation, Technology and innovation, The professionsPROD0000000000303056The global banking industry will spend an estimated USD 270 to 460 billion for IT in 2013. Financial services firms’ IT budgets equal 7.3% of their revenues, which is well above other industries relative IT costs. A closer look at banks’ cost structures reveals differences between different markets.http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000299039/IT+in+banks%3A++What+does+it+cost%3F+High+IT+costs+call+for+an+eye+on+efficiency.pdfThu, 20 Dec 2012 00:00:00 +0100Banking, E-commerce, Information technology, Innovation, International financial system, Technology and innovationPROD0000000000299039The proportion of online banking users in relation to total internet users has grown over the past few years. In 2011, one internet user in two utilised online banking offers from financial service providers. Demand for web-based (mobile) financial services is set to jump in the medium to long term. In 2030, for example, a total of nearly 44 million Germans are expected to be familiar with online banking services. By comparison, the figure in 2010 was only slightly over 27 million. This forecast will be driven by several trends ...http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000293051/Online+banking+and+demography%3A+Future+generations+will+take+online+%28banking%29+for+granted.pdfFri, 24 Aug 2012 00:00:00 +0200Demographics, E-commerce, Information technology, Innovation, Internet, Macroeconomics, Social values / Consumer behaviour, Technology and innovationPROD0000000000293051Electronic money (e-money) is the digital equivalent of cash. It can be used for making payments without involving bank accounts in the transactions and always acts as a prepaid bearer instrument. So far, e-money still is a niche market. However, innovative mobile payment systems, the digitalisation of financial services and virtual e-money might boost the usage of e-money and might thus support its importance as a payments instrument in the near future.http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000288496/E-money%3A+Niche+market+that+might+be+expanding.pdfFri, 11 May 2012 00:00:00 +0200E-commerce, Information technology, Innovation, Internet, Macroeconomics, Social values / Consumer behaviour, Technology and innovationPROD0000000000288496In Europe, the most frequent users of online banking are found in the Nordic countries. In online banking there are stringent security standards, giving rise to the question as to whether internet users in countries with high online banking adoption rates also have computers equipped with above-average levels of security software.http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000284825/Growing+need+for+security+in+online+banking%3A+Biometrics+enjoy+remarkable+degree+of+acceptance.pdfWed, 08 Feb 2012 00:00:00 +0100Banking, Information technology, Innovation, Internet, Sectors / commodities, Social values / Consumer behaviour, Technology and innovation, TelecommunicationPROD0000000000284825More than 40% of Europeans will use online banking in 2012. For Germany, the figure will probably be 47%. This new issue examines current developments in online and mobile banking in more depth. It looks particularly at one important driver of online banking adoption: financial literacy. It is perhaps a worrying - albeit unsurprising - trend that many consumers have become less confident when taking financial decisions. But therein also lies a responsibility for financial firms to explain what is going on. http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000279995/Update+on+online+and+mobile+banking%3A+47%25+of+Germans+will+use+online+banking+in+2012.pdfThu, 03 Nov 2011 00:00:00 +0100Banking, E-commerce, Information technology, Innovation, International financial system, Internet, Social values / Consumer behaviour, Technology and innovationPROD0000000000279995The “chicken-or-egg” dilemma of any new payment method is that merchants do not invest unless many clients use it, and clients are reluctant unless many merchants accept it. This new issue argues that new mobile payments might have it easier once merchants gradually upgrade their terminals to accommodate contactless applications. Consumers flock to smartphones anyway. This lowers the entry barriers for new mobile payment solutions but does not guarantee a smash hit. http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000276596/Mobile+payments++On+the+shoulders+of+contactless+payments.pdfWed, 10 Aug 2011 00:00:00 +0200E-commerce, Information technology, Innovation, Internet, Technology and innovationPROD0000000000276596Social networks create a new culture of communication. This new issue analyses how financial services firms fit into the picture. Given that clients research increasingly online, it seems important that financial firms use all available communication channels to deliver relevant information. Yet, while consumers love to communicate via social media, they are still somewhat reluctant to connect with financial firms. Clients devote only a limited attention span to financial topics and expect tangible benefits rather than lofty chit-chat. http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000273185/Social+media+in+finance%3A++Users+want+tangible+benefits%2C+not+friendship.pdfMon, 09 May 2011 00:00:00 +0200E-commerce, Information technology, Innovation, Internet, Technology and innovationPROD0000000000273185Public procurement amounts to 19% of GDP in the EU, but the processes are often fragmented and inefficient. E-procurement can help to modernise operations and boost competition. A full switch to e-procurement may save between EUR 50 to 75 bn on public procurement in the EU per year. Yet, the current adoption rate is much lower than initially expected because of missing standards and prevalent status-quo bias.http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000269867/E-procurement%3A+Public+procurement+worth+two+trillion+euros+needs+smarter+spending.pdfTue, 15 Feb 2011 00:00:00 +0100E-commerce, Information technology, Innovation, Internet, Technology and innovationPROD0000000000269867The internet has become a major channel for banking clients to research information and to conduct transactions. This new issue provides an overview of the adoption of online banking and online research. It also looks to what extent banks use novel applications such as social media to improve the communication with clients. http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000264269/Online+banking+and+research%3A+The+state+of+play+in+2010.pdfFri, 05 Nov 2010 00:00:00 +0100Banking, E-commerce, Information technology, Innovation, International financial system, Internet, Technology and innovationPROD0000000000264269