Internet banking

Fact 1

The usage of internet banking channels has increased sharply over the past few years. In 2016, the number of online banking subscriptions amounted to no less than 11.8 million. 10 years ago, there were only 3.8 million subscriptions.

Fact 2

Mobile banking has showed an even sharper rise. In 2016, Belgium counted 4.5 million subscriptions, as compared to 0.1 million just 5 years earlier.

Fact 3

The average Belgian frequently uses internet or mobile banking to make money transfers. In 2015, no less than 605 million money transfers were carried out.

Fact 4

The rise of online banking also has the downside of attracting fraudsters. During the first half of this year, 1,647 internet banking fraud cases were registered, an upsurge after a few quieter years.