The banking industry over the course of the last century has been evolving into a much more diverse and competitive sphere. In line with this, banks have been competing with other financial institutions to offer better rates for customers, while also offering better services. It is important to note that while these efforts are taking place in a number of countries around the world, it is primarily in the United States where technological advancements have started to make an impact on how people interact with their money while online.
