Press release
Online Banking Market: Rising Access to Banking Services on Smartphones to Boost Demand
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The report, titled “Online Banking Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018,” says that key companies offering online banking services are introducing many new services and applications for the people to take care of their daily banking transactions. Internet banking allows customers to take care of various financial transactions including payments and transactions, money transfer, money deposits, retail banking, and transactions related to credit cards. All this is possible through safe virtual banking networks.
The internet has benefited many industries and the global online banking market is not an exception. In the coming years, the global online banking market is expected to be benefited by the use of smartphones for banking transactions. The availability of good quality internet on the smartphones and tablets is a boon for the online banking service providers. The number of people buying smartphones and other smart devices is increasing every year. Handling banking transactions on smartphones is a rising trend among people.
Companies such as CGI, Corillan, I-flex Solutions, Financial Network Services, Canopus Software Laboratory, Rockall Technologies, and First Source Bank are currently operating in the global online banking market. Financial service providers are taking efforts to introduce new online banking services on smartphones, tablets, and other smart devices. Driven by the rising internet penetration, the global online banking market is also expected to be motivated by the changing consumer preferences. The use of online banking services on smartphones is increasing owing to the rising flexibility and transparency. The demand for customized online banking services is increasing, which is a boon for the global market. Many banking service providers are focusing on providing communication services, transactional services, and informational services.
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For a detailed analysis, the global online banking market is regionally divided into North America, Asia Pacific, Europe, and Rest of the World.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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