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The law is keeping up with these changes, a key example of this would be ebay. A marketplace and a hub for e-commerce, ebay's policies follows state and country law. Every time the law updates, sites like ebay fix their policies and rules. The banking industry is adapting to these changes as well. They are going online. Nowadays you can simply check your balance online without talking to someone or going to the bank. Banks also offer, electronic billing. The advantage of adapting to e-commerce would be great for a bank. As the commerce shifts to a different medium, the banks have to respond, or they will be cosigned to a secondary role as commerce shifts.
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