Banking is actually booming in Estonia - via Internet
Published:
21 April 2003 y., Monday
Banking is actually booming in Estonia - via Internet. The number of Estonians who bank online soared from zero in 1997 to 700,000 this year. That's half the country's 1.4 million people.
From Tallinn to Tartu, scores of bank branches have closed, forsaken by cybersavvy Estonians. Nearly all businesses, from one-man shops to utilities, interact with banks in cyberspace.
The rapid embrace of online banking is but one example of the remarkable tech transformation of this Baltic nation where most people didn't even have a phone when Soviet control ended in 1991.
Estonia has the most advanced information infrastructure of any formerly communist eastern European state. Dubbed E-Stonia by some, the country ranked No. 8 out of 82 countries in putting the Net to practical use in a recent World Economic Forum report. The country ranked No. 2 in Internet banking and third in e-government.
Last month, the government launched a one-stop home page for online state services. Estonians can use it to digitally sign government forms or legally binding contracts with other people.
Šaltinis:
wibc.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Software company announced new structure_ of it_s business.
more »
According to the council's report, ATM-skimming fraud, which involves illicitly copying ATM card information stored on magnetic stripes, is increasing in Europe.
more »
Building on the success of the recent HP TouchSmart PC for the home, HP today introduced the market’s first all-in-one, touch-enabled desktop PC for businesses.
more »
Microsoft Corp. Chief Executive Officer Steve Ballmer announced the beta availability of the Windows 7 operating system as well as the availability of the latest version of the Windows Live, a suite of personal communications services and applications.
more »
Cash-cycle management, branch optimization, sales/marketing consultation and automation, automated checkout and managed services are expected highlights for January's Wincor World 2009.
more »
We all need to better understand the media we are touched by daily, especially the young, says Austrian Socialist Christa Prets. MEPs backed her report on “media literacy in a digital world” on Tuesday.
more »
Since October, readers of the European Parliament's web pages have had access to RSS, which allows them to keep up-to-date with what is going on via a free subscription.
more »
Fox and Motorola collaboration results in first all-HD programming distribution strategy.
more »
Wincor Nixdorf has won a contract to integrate its cash management solution, consisting of staff-assisted self-service terminals, software and comprehensive services, in the checkout zones and IT operations of Shell Deutschland’s 1,300 service stations.
more »
The role that the internet can play in parliamentary democracy was explored this week when 400 people gathered in Brussels for the annual “e-Parliament conference”.
more »
The EU’s new digital library brings vast treasure trove of historical documents, rare and valuable manuscripts and exquisite cultural artefacts to your desk.
more »