Virtual reality

By the end of the year 2000, 10 out of the 25 largest European banks had launched or were planning to implement their own internet initiative, with the ultimate aim of putting the entire banking sector online. It seemed nothing could stand in the way of this development. Why this sudden trend? Ten years of personal computing had prepared Europe for internet banking. And this was encouraged by the spectacular success of some brokers. But this period was followed by two years marked by gloomy financial markets, the events of 11 September 2001 and scandals in the financial world. What is ...