Internet banking as a case of financial innovation in Turkey

Bulut, Yunus Emrah
With the increasing usage and functionality, Internet banking becomes a significant part of our lives. This study investigates Internet banking in Turkey as a case of financial innovation. Using Internet usage share from the payment systems of the Central Bank of The Republic of Turkey as an indicator of adoption of Internet banking, data set for 16 banks for 21 quarters are investigated with a panel regression. Some of the common Schumpeterian arguments are elaborated and concluded that Internet banking adoption in Turkey is positively related with the sizes’ of the banks while the relationship between banks’ sizes and adoptions is inverse U shaped. Moreover, the share of the households that use Internet also affects Internet banking adoption positively and Internet banking is used mainly as an alternative to the bank branches. Lastly, our analysis indicates that 2008 financial crisis influenced the usage of Internet banking in Turkey as the volumes of Internet banking operations in 2008 is the lowest of 2006-2012 period.


Empirical investigation of Internet banking usage in Turkey
Daneshgadeh, Salva; Özkan Yıldırım, Sevgi; Department of Information Systems (2013)
With the fast development of Information and Communication Technologies (ICT), internet banking has become more popular worldwide. This study empirically investigates the factors impact internet banking usage by Turkish bank customers. A unique Internet Banking Usage Model (IBUM) was developed in this study. The proposed model incorporated 10 factors named usefulness, ease of use, compatibility, control, social influence, risk, website features, alliance service, awareness of service and customization/perso...
Explainable Security in SDN-Based IoT Networks
Sarica, Alper Kaan; Angın, Pelin (2020-12-01)
The significant advances in wireless networks in the past decade have made a variety of Internet of Things (IoT) use cases possible, greatly facilitating many operations in our daily lives. IoT is only expected to grow with 5G and beyond networks, which will primarily rely on software-defined networking (SDN) and network functions virtualization for achieving the promised quality of service. The prevalence of IoT and the large attack surface that it has created calls for SDN-based intelligent security solut...
Online embedding and clustering of evolving data streams
Zubaroglu, Alaettin; Atalay, Mehmet Volkan (2022-07-01)
Number of connected devices is steadily increasing and this trend is expected to continue in the near future. Connected devices continuously generate data streams and the data streams may often be high dimensional and contain concept drift. Clustering is one of the most suitable methods for real-time data stream processing, since clustering can be applied with less prior information about the data. Also, data embedding makes the visualization of high dimensional data possible and may simplify clustering pro...
Sentiment analysis with recurrent neural networks on turkish reviews domain
Rysbek, Darkhan; Uğur, Ömür; Department of Scientific Computing (2019)
Easier access to computers, mobile devices, and availability of the Internet have given people the opportunity to use social media more frequently and with more convenience. Social media comes in many forms, including blogs, forums, business networks, review sites, and social networks. Therefore, social media generates massive sources of information in the shape of users‘ views, opinions, and arguments about various products, services, social events, and politics. By well-structuring and analysing this kind...
Finding Online Health-Related Information: Usability Issues Of Health Portals
Gürel Köybaşı, Nergis Ayşe; Çağıltay, Kürşat (2012-08-29)
As Internet and computers become widespread, health portals offering online health-related information become more popular. The most important point for health portals is presenting reliable and valid information. Besides, portal needs to be usable to be able to serve information to users effectively. This study aims to determine usability issues emerging when health-related information is searched on a health portal. User-based usability tests are conducted and eye movement analyses are used in addition to...
Citation Formats
Y. E. Bulut, “Internet banking as a case of financial innovation in Turkey,” M.S. - Master of Science, Middle East Technical University, 2013.