Journal Article

The emerging role of banks in e-commerce


Abstract: How is the banking industry responding to the rapid development of on-line commerce? Evidence suggests that many banks are beginning to deliver credit and deposit products electronically. In addition, some large banks are developing products designed exclusively for e-commerce. As banks venture into the electronic arena, however, they are finding that new opportunities bring new operational and strategic risks.

Keywords: Banks and banking - Customer services; Electronic commerce;

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Provider: Federal Reserve Bank of New York

Part of Series: Current Issues in Economics and Finance

Publication Date: 2000

Volume: 6

Issue: Mar

Order Number: 3