Table of Contents Table of Contents1 1.PEST ANALYSIS: virtual(prenominal) deponeing Technology3 1.1 Overview3 1.2 Political Factors3 1.3 frugal Factors5 1.4 Social Factors7 1.5 Technological Factors8 1.6 close9 2.Macro Analysis: Impact of practical(prenominal) banking on U.S. banking constancy10 2.1 Overview10 2.2 Rivalry11 2.3 Entry and Exit Barriers14 2.4 Threat of Substitution15 2.5 negotiate Powers of Buyers and Suppliers16 2.6 coda17 3.The Future of virtual(prenominal) situates18 3.1 Overview18 3.2 Evaluation of Nexity practical(prenominal) curse Strategies18 3.3 SWOT Analysis: Virtual Banks20 3.3.1 Strength20 3.3.2 Weakness20 3.3.3 Opportunities21 3.3.4 Threats23 3.4 Conclusion24 4.Innovations: Banking Technology25 4.1 Overview25 4.2 Mobile Banking25 4.3 Security Hybrid27 APPENDICES32 concomitant 1.a33 U.S. Banks financial Reports (1992 – 1999)33 auxiliary 1.b34 U.S. Banks fiscal Reports (2000 – 2007)34 Appendix 2.a 35 Nexity’s Performance and presumption Ratio Reports (2000 – 2007)35 Appendix 2.b36 Nexity’s Assets, Liabilities and Deposits (2000 – 2007)36 Appendix 2.c36 Nexity’s Assets and Deposits ingathering (2000 – 2007)*36 Appendix 337 WORLD INTERNET USAGE AND race STATISTICS37 References38 Bibliography42 1.PEST ANALYSIS: Virtual Banking Technology 1.1 Overview The virtual banking industry was establish primarily on the confidence of web based banking applied lore by the consumers and the authenticity of the virtual banks. The industry had constant changes to regulations and engineering science which projected a very dynamic industry. Virtual banks had to read into the changes to stay relevant and sustainable. Virtual banking services which had been deployed since 1980 by Bank ONE of Columbus, Ohio (DARLIN, D., 1997) added tremendous growth to 1,130 banks (YOTHER, J. F., 2007) that deployed online banking services by 1999. As such, Nexity would have increasing...If you ! want to get a full essay, consecrate up it on our website: OrderCustomPaper.com
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