“…Bank products are of immaterial nature sold increasingly with the help of computer networks spanning across the globe [15]. The global networks provide the customer with world-wide services, for instance the use of credit cards while abroad.…”
Section: Intensified Competition In the Banking Sectormentioning
“…Bank products are of immaterial nature sold increasingly with the help of computer networks spanning across the globe [15]. The global networks provide the customer with world-wide services, for instance the use of credit cards while abroad.…”
Section: Intensified Competition In the Banking Sectormentioning
“…Bank products are of immaterial nature, which can be sold with the help of computer networks spanning across the globe [16]. The ongoing globalization and technological developments, particularly the Internet have made it possible for banks to offer their services in far-flung areas without investing money to build branches and hire additional staff.…”
Section: Outset Of the Banking Environmentmentioning
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