Online banking interest in U.S. stalls

Sep 06, 2005

Worries about security have led to an apparent cooling toward Internet banking in the United States. A new survey from Ipsos Group indicated Tuesday that the number of Americans who use online banking hit a plateau during the past 12 months amid concerns about hackers and spam.

The poll surveyed 1,000 American adults about their banking habits during the year ending in August 2005. It determined that while 39 percent of the respondents did some banking business via the Internet, that number was largely unchanged from the previous 12 months after a relatively dramatic initial growth spurt.

Ipsos said high-profile reports of security breaches and identity theft gave pause to many potential users as did concerns that their e-mail addresses and other personal data would be sold to telemarketers.

Copyright 2005 by United Press International

Explore further: Samsung mass produces industry's first 8-gigabit DDR4 based on 20 nanometer process technology

add to favorites email to friend print save as pdf

Related Stories

MasterCard, Zwipe announce fingerprint-sensor card

11 hours ago

On Friday, MasterCard and Oslo, Norway-based Zwipe announced the launch of a contactless payment card featuring an integrated fingerprint sensor. Say goodbye to PINs. This card, they said, is the world's ...

Plastic nanoparticles also harm freshwater organisms

13 hours ago

Organisms can be negatively affected by plastic nanoparticles, not just in the seas and oceans but in freshwater bodies too. These particles slow the growth of algae, cause deformities in water fleas and impede communication ...

Atomic trigger shatters mystery of how glass deforms

13 hours ago

Throw a rock through a window made of silica glass, and the brittle, insulating oxide pane shatters. But whack a golf ball with a club made of metallic glass—a resilient conductor that looks like metal—and the glass not ...

US company sells out of Ebola toys

21 hours ago

They might look tasteless, but satisfied customers dub them cute and adorable. Ebola-themed toys have proved such a hit that one US-based company has sold out.

Recommended for you

Apple issues security warning for iCloud

3 hours ago

Apple has posted a new security warning for users of its iCloud online storage service amid reports of a concerted effort to steal passwords and other data from people who use the popular service in China.

Review: Better cameras, less glare in iPad Air 2

3 hours ago

If I've seen you taking photos with a tablet computer, I've probably made fun of you (though maybe not to your face, depending on how big you are). I'm old school: I much prefer looking through the viewfinder ...

User comments : 0