We've also taken a look at other segments of the finance market. There are many other financial services available online if you want to manage more than just your savings and current account over the Internet. We highlight some of the most popular sites to see what they offer, whether you're interested in pensions, life assurance, mortgages or shares and investments. A very small percentage of UK banks and building societies offer Internet transaction facilities. An online service should have the objective of minimising the need for you having to physically visit a bank.
Banks know how to secure access to their mainframes, but a lot of users' PCs are vulnerable.
UK banks have a lot of catching up to do to match the features and services provided by leading US banks . The Co-operative Bank was the first UK bank to offer personal current account and credit card customers an Internet banking service at no extra cost. We invited all the major UK banks and building societies that offer an Internet banking service for customers to carry out transactions on their current account to submit their services for review and testing. All rights reserved. Reproduction in whole or in part in any form or medium without express written permission of ZDNet is prohibited.