Financial revolution

The impact of the online finance revolution is making itself felt across Europe. Consumers are beginning to seize the benefits of banking and investing via the Internet and the banks, building societies and insurance groups are discovering ways in which e-finance products can increase their share of their customers' wallets. But the market is still immature. Many of the UK retail banks have struggled to catch up with the slicker, Internet-only players, with sometimes alarming results. We have seen this in the scare stories of online banking portals fraught with security risk and scalability...