E-Aggregation: The Present and Future of Online Financial Services in Asia-Pacific
نویسندگان
چکیده
Financial institutions see the Internet as an important channel and many have built websites to inform and attract customers. Financial aggregation services as represented by “Account Aggregator” present an opportunity by which financial institutions can build stronger relationships with customers. Account aggregation services began in the United States, but they are now widely used by financial institutions in other countries. In this paper, we examine financial aggregation services by classifying aggregator types and the method for implementing their service. Second, we explain the differences between financial account relationship aggregation services in the U.S. and in Asia-Pacific countries, including Australia, South Korea, and Japan. We then discuss the status of financial comparison aggregation services and related issues. Owing to the popularity of WAP phones and the fastgrowing market for mobile phone service in Asia-Pacific, we will also look into the development of mobile aggregation services. Finally, we examine future directions for aggregators in conjunction with universal and global banking concepts.
منابع مشابه
MIT Sloan School of Management Working Paper 4405 - 02 CISL 2002 - 06 July 2002 E - Aggregation : The Present and Future of Online Financial Services in Asia - Pacific
Many financial institutions have built websites to inform and attract customers. Financial aggregation present an opportunity by which they can build stronger relationships with customers. For example, financial account aggregation services began in the United States but are now widely used by in other countries. In this paper, we first classify aggregator types and their method for implementin...
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