# Electronic banking (also used in German)

- Canonical URL: https://www.gerhardmerk.de/electronic-banking-also-used-in-german
- Post ID: 593406
- Modified: 2023-07-25T20:59:50+00:00
- Language: en

## Definition

Services of a bank that are used by customers outside the brick-and-mortar branch system. The growing importance of this business area entails a number of legal risks for a bank in addition to settlement and reputational risks. - See bank, mixed, payment methods, innovative, direct brokerage, direct bank, generation@, Internet bank, Metcalfe rule, multi-channel bank, mobile banking, multi-channel bank, online banking, legal risks, sofa banking, telephone banking. - Cf. BaFin Annual Report 2002, p. 53 ff., BaFin Annual Report 2006, p. 26 (competitive pressures), Deutsche Bundesbank Monthly Report of July 2009, p. 49 ff. (individual electronic banking procedures; references). 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

- Generator: Merk Knowledge 1.1.1