Dynamics of Innovation in Online Banking and Financial Services

Online Banking and Financial Services Innovation Accelerated

Dynamics of Innovation in Online Banking and Financial Services

National Bank of China makes use of modern information technology, and duly recommends many new financing services. It has constructed the online banking system based on the tier-three network in this country, and realized account inquiry and management, fund remittance, online payment, bank securities accounts transfer and foreign exchange trading through Internet. Especially after the EBANK 3.1 was put into operation on November 5, 2011, the speed for log-on and transaction had been apparently increased, and the stability and credibility of the system had been greatly improved.

Furthermore, the on-line bank website of English version had also finished and tested, and was put into operation on December 11, 2001. These have laid a solid basis for the comprehensive development of NBC on-line banking.

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