Electronic Banking: Experiences Reported by Banks in Implementing On-line Banking

GGD-98-34 Published: Jan 15, 1998. Publicly Released: Feb 17, 1998.

Highlights

Pursuant to a congressional request GAO reviewed: (1) the channels used to deliver online banking services; (2) the reasons for implementing online banking; (3) whether online banking met or exceeded expectations; and (4) the electronic links that banks had with other payment systems.

Full Report

Full Report (57 pages)

Office of Public Affairs

Chuck Young

Managing Director

youngc1@gao.gov

(202) 512-4800

Topics

Financial Markets and Institutions

Bank managementClearinghouses (banking)Computer securityComputer wormsComputer fraudElectronic funds transferFinancial institutionsFirewallsInternal controlsSoftware