Reasons Against Improved Banking Services

...

Executing web innovation as a business channel requires authoritative capacity and assets to use web innovation all the more effectively assets such as software and hardware. The deficiency of data innovation framework can be a discriminating obstruction to acceptance, which is similar to lack of proficient staff, regardless of the possibility that the innovation is there. The absence of experience and information in utilizing online business can repress acceptance[9]. Client information obstruction may originate from an absence of dispersion ability, and the absence of interest in preparing for interior workers.

Another obstacle worth noting is that these services are not for the aged and the illiterate people. Even though Saudi Arabia registered a tremendous growth within a short period, there are some individuals that may not have benefited from getting the education. Similarly, there may be a good number of the aged who may need the banking services. Both the illiterate and the elderly may not have the knowledge and ability to use the online banking system, and, therefore, these services are limited to them[10].

Lack of compatibility: compatibility entails experience on something that may be in line with the present or future experience. In the banking system, there are many innovations some of which their adoption is not guaranteed. High vulnerability makes customers hesitant to take part in online trade associations with services suppliers, particularly for high-contribution innovations, for example, Internet keeping the money.

Works Cited

Aladwani, Adel. "Online banking: a field study of drivers, development challenges, and expectations." International Journal of Information Management 21.3. 2001: 213-225. Print.

Chircu, Alina and Kauffman, Robert. "Limits to value in electronic commerce-related IT investments." Journal of Management Information Systems 17.2. 2000: 59-80. Print.

Mohsen, Attaran. "Managing legal liability of the Net: a ten step guide for IT managers." Information Management & Computer Security 8.2. 2000: 98-100. Print.

Philip,Gerald and Cunningham, Barton. "The diffusion of Internet banking among Singapore consumers." International Journal of Bank Marketing 21.1. 2003: 16-28. Print.

Rhett, Walker. et al. "Technology-enabled service delivery: An investigation of reasons affecting customer adoption and rejection." International Journal of Service Industry Management 13.1. 2002: 91-106. Print.

Sara, Jones et al. "Trust requirements in e-business." Communications of the ACM 43.12. 2000: 81-87. Print.

Vedabrata, Basu et al. "The impact of organizational commitment, senior management involvement, and team involvement on strategic information systems planning." Information & Management 39.6 2002: 513-524. Print.

---------------------------------------------------------------