Every week brings news of banks in the region rolling out new on-line products and services.
Even if the Internet is changing the world as fast as its boosters say, banks may be better off waiting. The kinds of services banks now offer their few on-line customers are cheap and easy to duplicate. In the coming years, Internet banking may be exploring areas no one is thinking about today. Andrew Stotz, vice-president at SG Securities in Bangkok, offers Thailand as a case in point. The way that Thais conduct business, it's normally in cash.