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How Online Banking Market is Coming Into a Huge Demand? Get Industrial Growth Facts, Competitive Analysis of ACI Worldwide, Microsoft Corporation, Fiserv, Inc., Tata Consultancy Services, Cor Financial Solutions Ltd., Oracle Corporation among others
Online Banking
The Online Banking Market is likely to show a substantial growth of during the forecast period of 2018-2022. The effect of Porter's five powers on the development of the market has been likewise examined in the report. In this Online Banking market Report various definitions and classification of the industry, applications of the industry, manufacturers, Sourcing Strategy and chain structure are given. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis.
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Increasing use of internet, changing consumer preferences, increasing usage of smartphones, and increasing demand for higher degree of transparency and flexibility of online transactions are major factors driving growth of online banking market. Furthermore, customers switching from paper transactions to online transactions has led to the growth of e-commerce. Online banking is mostly preferred by consumers between the age group of 25 to 55 years.
The widespread use of internet in developed countries has increased use of e-commerce and online payment services. This trend is gradually making way for mobile payments in developing countries, thereby, fueling growth of online banking market.
However, high security risk of customer’s data is a factor that is restraining growth of online banking market.
This report studies the global Online Banking market, analyzes and researches the Online Banking development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
ACI Worldwide (U.S.)
Microsoft Corporation (U.S.)
Fiserv, Inc. (U.S.)
Tata Consultancy Services (India)
Cor Financial Solutions Ltd. (UK)
Oracle Corporation (U.S.)
Temenos Group AG (Switzerland)
Rockall Technologies (Ireland)
EdgeVerve Systems Limited (India)
Capital Banking Solutions (U.S.)
Key Developments in Online Banking Market
Key players are adopting various strategies such as mergers, acquisitions, new product launches, expansions, collaborations, partnerships, approvals, and joint ventures to retain its position in the online banking market. On April 18, 2018, the Electronic Payments Association® announced ACI Worldwide, a leading global provider of faster electronic payment and banking solutions, as a Preferred Partner for enabling innovation in payments. Moreover, on April 25, 2018, Fiserv, Inc., a leading global provider of financial services technology, launched FinKit™ for Open Banking to help financial institutions meet and keep pace with rapidly unfolding regulations.
Tata Consultancy Services expanded its operation in Texas by welcoming 200 new employees to the firm on April 26, 2018. Furthermore, on March 15, 2018, EdgeVerve Systems, a wholly-owned subsidiary of Infosys announced the successful implementation of AssistEdge at Telekom Malaysia under the OVAL (One View Application Layout) program.
Market segment by Type, Online Banking can be split into
• Retail Banking
• Corporate Banking
• Investment Banking
Market segment by Application, Online Banking can be split into
• Payments
• Processing Services
• Customer and Channel Management
• Risk Management
• Others
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Coverage from the Report:
“Global Online Banking Market Size, Status and Forecast 2022”
1 Industry Overview of Online Banking
2 Global Online Banking Competition Analysis by Players
3 Company (Top Players) Profiles
3 Company (Top Players) Profiles
3.1 ACI Worldwide (U.S.)
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Online Banking Revenue (Value) (2012-2018)
3.1.5 Recent Developments
3.2 Microsoft Corporation (U.S.)
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Online Banking Revenue (Value) (2012-2018)
3.2.5 Recent Developments
3.3 Fiserv, Inc. (U.S.)
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Online Banking Revenue (Value) (2012-2018)
3.3.5 Recent Developments
3.4 Tata Consultancy Services (India)
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Online Banking Revenue (Value) (2012-2018)
3.4.5 Recent Developments
3.5 Cor Financial Solutions Ltd. (UK)
3.5.1 Company Profile
4 Global Online Banking Market Size by Type and Application (2012-2018)
5 United States Online Banking Development Status and Outlook
6 EU Online Banking Development Status and Outlook
7 Japan Online Banking Development Status and Outlook
8 China Online Banking Development Status and Outlook
9 India Online Banking Development Status and Outlook
10 Southeast Asia Online Banking Development Status and Outlook
11 Market Forecast by Regions, Type and Application (2018-2022)
12 Online Banking Market Dynamics
13 Market Effect Factors Analysis
14 Research Finding/Conclusion
15 Appendix
If you have any special requirements, please let us know and we will offer you the report as you want at https://www.worldwidemarketreports.com/quiry/178986
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