Arrow-right Camera
The Spokesman-Review Newspaper

The Spokesman-Review Newspaper The Spokesman-Review

Spokane, Washington  Est. May 19, 1883
Cloudy 36° Cloudy
News >  Business

Online banking finds a greater following nationwide

Associated Press

Nearly half of adult Internet users in the United States perform banking chores online, according to a new survey from the Pew Internet and American Life Project.

Those with broadband connections at home were far more likely to have tried online banking: 63 percent versus 32 percent of those with dial-up connections.

The study also found men and those with more than six years of Internet experience to be big users.

Unlike other activities, though, online banking isn’t as popular among the youngest adults. Sixty percent of users ages 28 to 39 have tried online banking compared with only 38 percent of the 18 to 27 group.

Overall, 44 percent of Internet users bank online, compared with 30 percent in an October 2002 survey.

Users appear driven by convenience and aren’t as concerned about the risks of identity theft and other fraud from “phishing” e-mail scams, said Susannah Fox, Pew’s director of research.

Banks, she said, have also been aggressive about persuading customers to sign up as a cost-saving measure.

The telephone-based survey of 537 Internet users was conducted Nov. 23-30 and has a margin of sampling error of plus or minus 4 percentage points.

File-swapping software annoying

Internal documents made public in an Australian court indicate that it’s not just consumers who are often annoyed by programs that install with the Kazaa file-swapping software.

Employees of the company that owns Kazaa Media Desktop hate using the program because the accompanying software can slow their computers, the documents say.

Like many free programs, Kazaa comes packaged with adware for delivering advertisements to users. Many adware programs have been blamed for slowing down systems and causing some to crash.

Phil Morle, director of technology for Kazaa owner Sharman Networks, wrote that Kazaa needs to be careful with how much adware it bundles.

The document became public as part of a trial in Sydney in which Australia’s recording industry has charged 10 companies and individuals behind Kazaa, including Sharman Networks, with copyright breaches and other offenses.

The Spokesman-Review Newspaper

Local journalism is essential.

Give directly to The Spokesman-Review's Northwest Passages community forums series -- which helps to offset the costs of several reporter and editor positions at the newspaper -- by using the easy options below. Gifts processed in this system are not tax deductible, but are predominately used to help meet the local financial requirements needed to receive national matching-grant funds.

Active Person

Subscribe now to get breaking news alerts in your email inbox

Get breaking news delivered to your inbox as it happens.