Online Banking Drops Off


Online Banking Drops Off
Forty-three percent of Internet users, or about 63 million American adults, did their banking online in December 2005—about the same as in 2004, after several years of steady increases. Researchers at the Pew Internet & American Life Project suggest the flat growth of online banking, even as overall Internet use climbed, is likely the result of public distrust of online financial sites.

Source: Pew Internet & American Life Project, www.pewinternet.org .

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