Comments on: Online only Banks (branchless Banks)

By: MS TAMIE

MS TAMIE — Sun, 31 May 2009 22:40:09 +0000

Etrade is trustworthy.

By: JJ Hornblass

JJ Hornblass — Tue, 03 Mar 2009 06:36:16 +0000

When you think about so many of the banks mentioned in this article, and how they are closely associated with brick-and-mortar institutions, you get the sense that “internet bank” is a tough moniker to live up to. The fact is that there are no more than an extremely few “internet banks” — banks ONLY online — to me indicates that a pure, monoline financial services business, focused on whichever product, just doesn’t have much of a shot at success. Hear that MBNA?

By: Buzzeando » Algunas cosas que me encantan y otras que detesto de mi banca en línea

Fri, 23 Jan 2009 01:58:41 +0000

[...] veces más peso digital que físico, eliminando costos de agencias, papeles y demás trámites. Hay bancos que funcionan únicamente en línea y como ha pasado con otros servicios, cada día el canal virtual tendrá mucha más importancia, [...]

By: Algunas cosas que me encantan y otras que detesto de mi banca en línea

Algunas cosas que me encantan y otras que detesto de mi banca en línea — Mon, 19 Jan 2009 11:41:21 +0000

By: Elsa

Elsa — Thu, 04 Dec 2008 00:42:42 +0000

UK internet only banks I can think of given your current examples…

First Direct (part of HSBC)
Egg (part of Citi)
http://www.smile.co.uk/ (part of Co-op)
http://www.if.com/ (part of HBOS)
http://www.mint.co.uk/ (part of RBS)

Zopa – p2p lending only

By: Gerd

Gerd — Sat, 22 Nov 2008 08:19:41 +0000

http://www.ubank.com.au

By: Gerd

Gerd — Sat, 22 Nov 2008 08:19:09 +0000

a new branchless bank in australia

By: Rhiannon

Rhiannon — Mon, 16 Jun 2008 04:24:41 +0000

Hi Colin,
I work for a company that organises business conferences . I only started researching this particular topic this weekend…it will be a retail banking summit on optimising product profitability and customer revenue… It will focus on business strategies used to optimise customer ROI rather than specific examples of products that have been developed. Like I say I am in the initial phase of reading about the topic which is why I was happy to have stumbled across this website.
Cheers, Rhiannon

By: Colin

Colin — Sun, 15 Jun 2008 16:25:24 +0000

@Rhiannon … just curious – what is the nature of the conference?

By: Rhiannon

Rhiannon — Sun, 15 Jun 2008 04:32:52 +0000

I am researching the topic of retail bank profitability for a conference I am developing and came across this discussion.
As a Brit living in Holland I had to laugh at the CapGemini study that 54% Dutch customers do not visit their bank branch. The reality is that they have all closed down and it is impossible to find a human being behind a desk in holland – Thats why!

By: Candy

Candy — Mon, 28 Apr 2008 18:19:15 +0000

Which ones offer deposit my internet? (USAA for the military does-they just scan it using your scanner) Any others?

By: Pieter Lambrechts

Pieter Lambrechts — Sun, 24 Jun 2007 07:50:11 +0000

What about Rabobank who has on line banks in five countries:
http://www.rabodirect.ie
http://www.raboplus.co.nz
http://www.bizner.nl
http://www.rabobank.be
http://www.raboplus.com.au

By: Holland | 54 % of the customers do not visit their bank branch « The Bankwatch

Wed, 20 Jun 2007 23:50:19 +0000

[...] Source; commentscomments [...]

By: Donald

Donald — Wed, 20 Jun 2007 20:47:02 +0000

Recent research by CapGemini in the Netherlands outlines that 54 % of the customers do not visit their bank branch any more and exclusevly use internet and telephone to stay in touch and execute transations.

See: http://www.nl.capgemini.com/m/nl/n/pdf_Onderscheidend_vermogen_voor_banken_noodzakelijk_voor_binden_van_klanten.pdf

By: Colin Henderson

Colin Henderson — Thu, 14 Jun 2007 22:16:36 +0000

Carolyn … thanks for stopping by …. its a good sign that you found this discussion

By: Carolyn

Carolyn — Thu, 14 Jun 2007 17:11:59 +0000

You have mentioned hsbcdirect.com under your US listing. http://www.hsbcdirect.ca offers the same great rates and online facility for Canadian online savings accounts – definitely worth checking out.

By: Dan Harley

Dan Harley — Fri, 20 Apr 2007 17:18:31 +0000

https://www.fnbodirect.com – is another

By: Bill Karbler

Bill Karbler — Wed, 11 Apr 2007 13:28:52 +0000

Nationwide Bank is now a direct bank
http://www.nationwidebank.com/

By: Bill Karbler

Bill Karbler — Fri, 23 Mar 2007 12:40:04 +0000

First Internet Bank of Indiana
https://www.firstib.com/

By: Pierre

Pierre — Wed, 03 Jan 2007 18:41:03 +0000

Citizensbank of Canada is also a virtual bank http://www.citizensbank.ca

By: Informed Banker

Informed Banker — Sat, 23 Dec 2006 17:26:28 +0000

Don't forget about Virtual Bank: Virtual Bank

By: Sam

Sam — Mon, 04 Dec 2006 15:23:12 +0000

FYI, pcfinacial.ca is a division of CIBC.

I am shocked at the number of online only banks in poland, does any one know, why this is? That is a large number compared to the rest of European countries

By: Marc Lauwers

Marc Lauwers — Thu, 30 Nov 2006 17:53:38 +0000

Rabo Direct is also present in Belgium with an on line only bank.
http://www.rabobank.be/

By: Colin

Colin — Thu, 30 Nov 2006 17:19:32 +0000

Thanks … its in that fuzzy group like iGoBanking that are branded divisions within a regular Bank. Its hard to know where to draw the line. HSBC Direct is in that category too.

MyBankingDirect.com
is a service of New York Community Bank – member FDIC. New York Community Bank has been meeting the financial needs of our neighbors since 1859.Operating through seven community banking divisions, we serve our customers through a network of over 137 full service branches throughout the New York Metro area including the 5 boroughs of New York City,
Nassau and Suffolk Counties on Long Island, Westchester County and Northern New Jersey. We’re also the region’s largest
supermarket banking franchise, with 47 of our branches conveniently located in-store.

By: David Saber

David Saber — Thu, 30 Nov 2006 17:15:00 +0000

How about http://www.mybankingdirect.com? It’s a web only operation under the New York Community Bancorp…similar to iGoBanking from Flushing.