Around the world -- particularly in Europe -- the majority of small businesses use online banking. In the U.S., the majority will by year's end.

It is noteworthy that by yearend more than 50% of U.S. small businesses are projected to utilize online banking applications, according to consultancy TowerGroup. That's good news, mainly for small businesses.

It is also good news for banking in general. The more usage, the more advanced

the services banks can offer. Application capabilities are also advancing rapidly online. Again, more usage equals more opportunities.

I'd raise a glass to toast this milestone -- better make it a virtual glass.

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