The authors continue their discussion about the developments of the European banking systems driven by the latest technologies used in banking services. The subject of the analysis is broadly defined electronic banking in the Danish banking system. The review of the main transformations of the system in terms of structure, features and effectiveness serves as a background for the discussion.

The authors aim to define the factors resulting from the system transformations, which account for differences between the development of the Danish and other Scandinavian banking systems. The article also examines the similarities among Nordic banking systems, particularly in the area of implementation of the latest information and communication technology solutions for banking services.

The analysis shows that despite similar schemes for development of services accessible through electronic banking and many analogies in the solutions adopted, there are considerable differences between the Finnish, Swedish and Danish systems. Undoubtedly, a common feature of the three systems is the strategy of an integrated distribution of banking services, based both on traditional and electronic distribution channels. The distinctive characteristics of the Danish banking sector are: dominant position of payment cards (debit cards in particular) in everyday transactions, continuing popularity of cheques and definitely more extensive traditional and electronic bank infrastructure.