BUT IS IT PROFITABLE?
Digital Insight Corp. and Celent Communications report that
Internet banking and other electronic finance services--specifically
Digital Insight's services-can achieve significant returns on
investment for participating financial institutions. How profitable? The
report concludes that a typical institution implementing Digital
Insight's services can achieve a net present value of more than $5
per customer, or a return on investment of more than 60 percent.
"For financial institutions still lingering over the decision to go
online, this study provides a strong case for offering e-finance,"
says Octavio Marenzi, Celent's managing director.
www.digitalinsight.com
COPYRIGHT 2001 Bank Marketing Assn.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001 Gale, Cengage Learning. All rights reserved.
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