Use of online banking in the US has levelled off according to a new survey from Ipsos Insight. The study suggests that fears about identity theft, along with concerns that companies are selling records to third parties, are stalling growth in the market.
The figures come from the Ipsos US Express, a weekend-turnaround telephone omnibus surveying 1,000 American adults between August 2nd and 4th. This is the third year of the company's study of online banking, and shows that the percentage of Americans banking online was unchanged (39%) during the 12-month period ending August 2005. Online banking among different demographics remains mostly unchanged, although use by those over 55 has decreased - to 21% from 26% in 2004.
Respondents displayed little trust in online banking:
All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.
Register (free) for Daily Research News
REGISTER FOR NEWS EMAILS
To receive (free) news headlines by email, please register online