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Record W296214989

Community Banks Go Online

2000· article· en· W296214989 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

aboutThe title or abstract carries a Canadian signal from the geographic lexicon.
no affNo Canadian affiliation: this work is invisible to an affiliation-only frame.
No Canadian affiliation. An affiliation-only frame, the usual design, would never have seen this work. It is one of the works that make the case for inverting the frame.

Bibliographic record

VenueABA banking journal · 2000
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicBanking Systems and Strategies
Canadian institutionsnot available
Fundersnot available
KeywordsThe InternetBusinessPosition (finance)TelecommunicationsMarketingEngineeringFinanceWorld Wide WebComputer science
DOInot available

Abstract

fetched live from OpenAlex

Simpler and more affordable technology brings Internet banking to smaller institutions For a closer look at the future of community banking, take an online look at the World Wide Web. Internet banking is the trend of tomorrow for financial institutions large and small. However, while the mega, multi-state banks are already enjoying the productive fruits of e-business, banks in smaller towns and communities are only now rapidly logging on to the benefits of online commerce. A new generation of convenient and more affordable technology has put online banking within the reach of even the smallest community bank. These new solutions include dynamic remote web software systems, Internet host interfaces, and highly-specialized online banking support services. By understanding the trends and technologies that are driving the move toward Internet banking, community banks can position themselves to take full advantage of this crucial development. Online trends The Internet revolution is coming to a community bank near you. The use of personal computers continues to grow, with more than half of U.S. consumers having access to a home computer. Industry statistics show that by mid 1998, almost 80 million consumers in the United States and Canada had Internet access. By the year 2002, some 320 million people around the world are expected to use the Internet on a regular basis, and many say that growth will continue as users in smaller communities and developing nations acquire Internet-capable technologies. Internet banking itself has been a long time coming. The first PC banking systems were developed in the 1980s, and Microsoft launched the first home banking network in 1994. By 1996, some one million U.S. households banked via the Internet, a number that grew to more than 4.2 million by the end of 1997. Industry observers predict that online banking will continue to grow, with projections showing some 28 million U.S. households will bank online by 2001. Those are significant numbers, and they are changing the way banks deliver products and services. For community banks that want to stay ahead of local competition and major interstate banks, the question is not if they will offer online services, but when. Community challenges While community banks can certainly derive significant advantages from Internet banking, e-commerce also poses unique challenges for the smaller institution. Depending on their location and demographics, local banks may need to work a bit harder to sell online banking services to their customers. Rural banks in particular, when compared to banks in metropolitan regions, may serve customers who are less technical and who have not invested as heavily in Internet-ready technology. Some older customers may be less receptive to the newness of Internet banking. However, as consumers in smaller communities catch up to their big city counterparts in terms of PC usage and Internet access, community banks with online capabilities will come out ahead. By their very nature, smaller banks often do not have and cannot afford the technical infrastructure maintained by their larger competitors. Few local banks, for example, have the resources to build or maintain their own web-enabled data center. For this reason, most community banks rely on external specialists for technical design and expertise and may lease their infrastructure from independent suppliers. The same limitations often apply to the personnel needed to design and troubleshoot e-banking systems. Some community banks, like small businesses in many other industries, simply cannot afford to hire their own information technology staffs. Some now turn to independent consultants and buy both hardware and software on a pay-as-you-go basis. Banks should realize that no immediate cost savings will be gained by implementing Internet banking because they are adding a delivery channel to their existing cost structure. …

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesScholarly communication, Insufficient payload (model declined to judge)
Consensus categoriesInsufficient payload (model declined to judge)
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.764
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0010.000
Scholarly communication0.0010.001
Open science0.0000.000
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0070.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.029
GPT teacher head0.239
Teacher spread0.211 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it