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GMIPoll: U.S. Online Banking Gaining Momentum; Americans Bank Online More Than One-Third of the Time, but Still Lag behind Europeans.

Publication: Business Wire
Publication Date: 19-OCT-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SEATTLE -- GMIPoll, a survey of 17,500 consumers in 18 countries by global market research solutions company GMI (Global Market Insite, Inc.), recently found that Americans bank online 38 percent of the time while the majority of Europeans bank online at least half the time, with the Netherlands, Germany and Denmark leading the way. Russia weighed in at last place, banking via the Internet only five percent of the time.

With the emergence of online financial services such as ING Direct and EmigrantDirect, which offer consumers a competitive four percent yield on savings accounts, compared with 0.5...

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