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Bank Online? Not Me

Almost a third of Americans--or 37 million people--pay bills and transfer funds using the Internet, according to a study from the Pew Internet and American Life Project.
Almost a third of Americans--or 37 million people--pay bills and transfer funds using the Internet, according to a study from the Pew Internet and American Life Project. That's up from 17% in March 2000.

Still, brick-and-mortar banks would be remiss if they decided to cater primarily to their online customers. The reason: About 40% of Americans have no interest in using the Internet for anything, Pew estimates.

Who are these naysayers? They're mostly older Americans who don't use computers at work.

Editor's Choice
Brian T. Horowitz, Contributing Reporter
Samuel Greengard, Contributing Reporter
Nathan Eddy, Freelance Writer
Brandon Taylor, Digital Editorial Program Manager
Jessica Davis, Senior Editor
Cynthia Harvey, Freelance Journalist, InformationWeek
Sara Peters, Editor-in-Chief, InformationWeek / Network Computing