Strategic online-banking adoption

Roberto Fuentes, Ruben Hernandez-Murillo and Gerard Llobet

No 2006-058, Working Papers from Federal Reserve Bank of St. Louis

Abstract: In this paper we study the determinants of banks? decision to adopt a transactional website for their customers. Using a panel of commercial banks in the United States for the period 2003-2005, we show that although bank-specific characteristics are important determinants of banks? adoption decision, competition plays a prominent role. The extent of competition is related to the geographical overlap of banks in different markets and their relative market share in terms of deposits. In more competitive markets banks are more likely to adopt earlier. Even more importantly, banks adopt earlier in markets where their competitors have already adopted.

Keywords: Internet; banking (search for similar items in EconPapers)
Date: 2007
New Economics Papers: this item is included in nep-ban, nep-com, nep-cse, nep-mkt and nep-net
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://s3.amazonaws.com/real.stlouisfed.org/wp/2006/2006-058.pdf Full text (application/pdf)

Related works:
Journal Article: Strategic online banking adoption (2010)
Working Paper: Strategic Online-Banking Adoption (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlwp:2006-058

Ordering information: This working paper can be ordered from

DOI: 10.20955/wp.2006.058

Access Statistics for this paper

More papers in Working Papers from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().