# Online banking, online banking (hyphenated), online banking (i.e., one word) and (unattractive) network banking; (the corresponding provider is usually addressed as a direct bank)

- Canonical URL: https://www.gerhardmerk.de/online-banking-online-banking-hyphenated-online-banking-i-e-one-word-and-unattractive-network-banking-the-corresponding-provider-is-usually-addressed-as-a-direct-bank
- Post ID: 590235
- Modified: 2023-07-25T21:11:59+00:00
- Language: en

## Definition

Doing banking business on the way via the Internet, in seconds and at favorable fees. Banks usually provide appropriate banking portals for this purpose. - Online banking facilitates the entry of foreign banks into a market. - One obstacle to the spread of online banking is phishing, which has so far been unstoppable and uses increasingly sophisticated methods. - See ATM withdrawal fee, bank portal, payment procedures, innovative, user-friendliness, direct brokerage, direct bank, deposit insurance, financial agent, Giropay, Internet bank, customer proximity, mobile banking, Metcalfe rule, moonlight banking, multi-channel banking, offline banking, PayPal, prosumer, remote banking, safer traffic, sofa banking, telephone banking. - Cf. Monthly Report of the Deutsche Bundesbank of September 2006, p. 24 f. (Problems of direct banks; earnings situation since 2000) and, in continuation, the respective September Report of the Deutsche Bundesbank, Annual Report 2006 of BaFin, p. 26 (Direct banks attempt to position themselves as first-tier banks), Monthly Report of the Deutsche Bundesbank of July 2009, p. 62 ff. (Development of individual online banking procedures). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

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