Author: Dan Keeler

Global Finance names the World's Best Internet Banks in North America 2010

NEW YORK, July 26, 2010 – Global Finance has announced the First Round winners in the "World's Best Internet Banks" competition in North America. This is the 11th year Global Finance has named the World's Best Internet Banks. Details on all First Round winners will be published in the September issue. First Round winners include Best Corporate/Institutional Internet Banks and Best Consumer Internet Banks at the country level. The Regional and Global winners for these categories will be announced at an Awards Ceremony in New York City in November and published in the December issue of Global Finance. Also announced were Regional winners in Sub-Categories. Global winners in the Sub-Categories will also be announced at the Awards Ceremony and in the December issue. The list of First Round winners follows.


Winners were chosen among entries evaluated by a world-class judging panel. Global Finance editors were responsible for the final selection of winners in the First Round.


Only banks that entered the competition were considered for awards, and awards were only given in those regions, countries and categories in which there were entries.


Winning banks were selected based on the following criteria: strength of strategy for attracting and servicing online customers, success in getting clients to use web offerings, growth of online customers, breadth of product offerings, evidence of tangible benefits gained from Internet initiatives, and web site design and functionality. Category winners, such as "best online cash management" were selected based on the relative strength and success of those web products and services.


"In less than a decade, the Internet has transformed the way many consumers and most businesses bank," says Joseph D. Giarraputo, publisher of Global Finance. "The continuing improvements in Internet offerings represented by this year's entries show that more significant Internet banking developments are still ahead of us."

For Awards Dinner ticket information please contact: Chris Giarraputo, chris@gfmag.com
For editorial information please contact: Dan Keeler, Editor, dan@gfmag.com

COUNTRY WINNERS
Best Consumer Internet Banks:
Bermuda HSBC
Canada CIBC
United States Wells Fargo

COUNTRY WINNERS
Best Corporate/Institutional Internet Banks:
Canada Citi
United States Wells Fargo

REGIONAL SUB-CATEGORY WINNERS
Best Consumer Internet Banks:
Best Investment Management Services Citi
Best Bill Payment & Presentment Wells Fargo
Best Online Consumer Credit Site Citi
Best Web Site Design Wells Fargo
Best Integrated Consumer Bank Site Wells Fargo
Best Information Security Initiatives CIBC
Best Online Deposits Acquisition Wells Fargo

REGIONAL SUB-CATEGORY WINNERS
Best Corporate/Institutional Internet Banks:
Best Investment Management Services Citi
Best Online Cash Management Site Citi
Best Trade Finance Services Citi
Best Web Site Design Wells Fargo
Best Integrated Corporate Bank Site Bank of America
Best Information Security Initiatives Wells Fargo