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Direct Banks exhibit 20% market penetration

This is a fascinating statistic, especially when we see that the income levels of the participants are 50% higher than the average. Net Banks Gain One in Five Internet Households – 02.01.2008 – Bank...

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Virgin plans internet bank in UK

Things are beginning to happen. Branson plans launch of Virgin internet bank | Observer [hat tip Finextra] Richard Branson is to launch an internet bank in a move designed to exploit public disgust...

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Japanese online shopping site Rakuten to open eBank

Rakuten [wikipedia Site]  is a highly popular Japanese shopping destination online, where you can get anything, from laptops to shoes to travel, you name it.  Now they are adding their own bank in...

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