Can an Internet-only bank work?

The post I did on Egg last week was picked up by Colin over at Bankwatch and his readers, and has resulted in quite some discussion. Today, Colin has posted a rather complete analysis of the challenges of being "branchless", which when you think about it, is the best typification of an "Internet-only" bank. Compared to my rather incomplete analysis of the situation at Egg, it is quite the summary of the success factors that make the branchless thing work. Worth crossing over there to look, if you’ve got a moment.

One Response to“Can an Internet-only bank work?”

  1. November 5, 2006 at 9:52 pm #

    Thanks James kicking the conversation off. I think this one has legs.

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