Collaboration Between GCN and E-News
By Algirdas Pakstas,
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Chapter ActivitiesIndonesiaIsmail Ahmad, ComSoc Chapter Chair, IEEE Indonesia Section, ismail_ad@yahoo.com, informs us that the ComSoc Chapter of the IEEE Indonesia Section conducted a tutorial. "WAP Security." The tutorial was held on December 13, 2000. The speakers were from NOKIA and the Indonesia GSM operator. For more information, please contact Ismail. Jamaica Dennis Hartley, Jamaica IEEE Chapter Chair, Dennis.Hartley@cwjm.cwplc.com, has informed us that the ComSoc Chapter of Jamaica held its Annual General Meeting on Wednesday, December 13, 2000. The new Eecutive Committee was elected:
Expectations are that in 2001 the Chapter will be more active than
previously. Activities are projected to be in seminars, tutorials,
and special meeting presentations.
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| Customer communication | Number of Web sites | Percentage Web sites |
|---|---|---|
| Basic data about the bank | 18 | 100 |
| Index/directory | 16 | 88 |
| Links to other sites | 8 | 44 |
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Pre-sales support |
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| Catalog of services | 17 | 94 |
| Banks' profile | 16 | 88 |
| News, press releases | 10 | 55 |
| Financial facts | 9 | 50 |
| Search utility | 1 | 5 |
| Online banking demo package | 1 | 5 |
Presently the number of Internet users in Croatia covers about 6
percent of the population (250,000), with a trend of growth.
Different international surveys show that Internet users are an
extremely interesting potential customer base for the banking
industry for at least three reasons: education, age, and level of
income. These three Internet demographic factors appear to have a
synergic effect on the potential growth of online banking. This part
of the population is interested not only in basic financial
transactions and account balance information, but rather in
higher-level financial and credit services.
This survey presents the extent of online banking services in
Croatian banks. The Web sites of Croatian banks are analyzed and
compared in order to identify the experiences and trends. The initial
research done in 1998 was made on a sample of 53 banks (23 of which
had Web sites). According to the analysis made in 1998, Croatian
banks' Web sites were categorized as entry-level or "brochureware"
sites because they offered only general information on the banks and
their products, while noone offered online banking.
The next stage of this research was fulfilled in 2000. The main
source of data on Croatian banks was the special report of Croatian
National Bank made at the request of the authors for the purpose of
this research. According to the report of March 2000, there were 52
active banks (two under the temporary direction of Croatian National
Bank; one has initiated proceedings of bankruptcy). Web sites of
Croatian banks have been located by three sources: (1) catalogs of
Web sites in Croatia, (2) CROSS - Croatia Search Service, and (3)
AltaVista Search. The data were collected in March 2000.
The Web sites of Croatian companies are analyzed according to two
criteria: (1) main attributes of Web sites, and (2) main online
banking services on Croatian banks' Web sites. The results of the
analysis are compared to the results of the previous research done in
1998.
Among 52 banks in Croatia, 18 of them, or 34 percent, have Web sites.
The analysis of Web sites showed that the banks mostly tend to
describe themselves and their business activities (Table 1). Basic
data about the banks are presented on all Web sites; 88 percent of
Web sites have an index or directory that refers to the bank's
internal organization, addresses of departments, and office phone
numbers. Approximately 90 percent of Croatian banks present a very
detailed company profile and a catalog of services (loans, rates of
interest, rate of exchange, etc.) on their Web sites. About half the
banks provide financial facts, news, press releases, and links to
other sites. Only 5 percent of banks offered a search utility and
online banking demo software package to their potential customers.
The analysis showed that even nine Croatian banks (17 percent of all
Croatian banks, or 50 percent of Croatian banks with Web sites) have
moved their business activities from traditional distribution
channels toward more flexible ways of doing business. One third
(three) conduct phone service, one bank offered phone and/or GSM
service, one bank had only Internet service, and one bank used a
private online service (telebanking) and/or phone service, while
three banks used Internet and/or phone service. According to the
results of the analysis, five Croatian banks (9 percent of all
Croatian banks, 27 percent of Croatian banks with Web sites)
implement online banking services.
| Online banking feature | Number of Web sites | Percentage of Web sites |
|---|---|---|
| Access to current account | 5 | 100 |
| Access to bank account | 5 | 100 |
| Access to savings accounts | 1 | 20 |
| Account balance | 5 | 100 |
| Transaction history | 3 | 60 |
| Transfer funds between accounts | 3 | 60 |
| Transfer funds to other bank accounts | 3 | 60 |
| Transfer money abroad | 0 | 0 |
| Check ordering | 1 | 20 |
| Standing orders | 2 | 40 |
| France | EU+AELE | East Europe | Asia | N. America | Others | |
|---|---|---|---|---|---|---|
| Papers | 12 | 22 | 4 | 9 | 5 | 1 |
| Participants | 19 | 32 | 11 | 13 | 13 | 9 |