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Implementing an Electronic Infrastructure: Developments in Banking in Germany and Finland
Abstract
The Internet has already now revolutionised many industries. The biggest changes are yet maybe to come in many industries, but the banking field can be seen as a pioneer in the application of modern information technology in general and of the Internet in particular. For example, in banking hardly anyone speaks about e-Banking: e-activity is banking as normal, no especial “e” is needed. This chapter discusses the banking industry as a user of the Internet and other modern information and communication technology (ICT). Germany and Finland are used as case examples and make comparisons between them. The banking industry has utilized several technologies of computer networking over several decades, and also got a “flying start” to the Internet technologies, that nowadays are a backbone of the banking industry. As stated, this chapter compares some of the related developments in Germany and in Finland.
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