The rising tide of Internet sales does not begin to tell the story of how electronic commerce might unfold as a business opportunity for banks.

Retailers held the spotlight in the recent Christmas season, their on- line volume doubling or tripling to somewhere between $2 billion and $5 billion, market researchers report.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.