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Features

Pay it forward

Business electronic banking has become fairly ubiquitous and one would expect the participants to have become somewhat blasé about it all. Not so. Constant reminders in various forms of the media keep bankers and customers alike on their toes.

03 October 2005

Play the word association game with the people in your office; give them the phrase ‘business electronic banking` and note the proportion of them that say security. Chances are, it will be a fairly hefty majority – a presumption that is supported by recent BMI-TechKnowledge (BMI-T) research into the subject. This year marks the fifteenth consecutive year the report has been published and, according to co-author and senior analyst at BMI-T, Althea Bacchialoni, products on offer have matured, particularly in the past two years. “The banks have put a tremendous amount of effort into their products and they are now well-embedded.

They`re secure, safe and stable, and they`ve become an integral part of the day-to-day running of finances in a business.”

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