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Cyberbanking News
Archive material 1997 - historical interest.
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Digital
meltdown of financial services - video
Mellon (Pittsburgh) recently announced its foray into
medical savings accounts (MSAs), the latest financial services by-product
of the byzantine US tax code. Source: Online Banking Report
First Chicago NBD plans Internet Bank.Source: Reuters
News Service
A Virginia First Savings Bank subsidiary will approve
mortgages over the Internet. Using Brightware's BrightResponse artificial
intelligence technology, American Finance & Investment Inc computers
will provide consumers on the web with guidelines for the mortgage
application process. BrightResponse automatically "reads"
routine e-mail inquiries and provides responses. A second software
component, BrightAdvisor, will "understand" customer questions.
It will be available later in 1997. Source: American Banker
Net.B@nk Inc, prospective holding company for Atlanta
Internet bank, files registration statement with the Securities
and Exchange Commission, for initial public offering. Source: PR
Newswire
Wells Fargo bank has joined AT&T's marketing alliance
programme.Source: Telecomworldwire Signet Bank, Richmond, VA, has
become the first to offer a proactive balance notification service
via e-mail or fax delivery, and it's free. Signet's unique service
is aptly dubbed Notify Me and provides e-mail or fax notification
whenever designated account balances fall below and/or rise above
thresholds set by the users. Source: Online Banking Report
First Union's (Charlotte) previously announced CyberCoin
Wallets from CyberCash are now available on its website. National
Bank of Canada is the only other financial institution currently
offering the wallets. First Union also added a so-called CyberCoin
MiniMall to its existing Community Commerce center.Source: Online
Banking Report
First USA invites users to apply for its newest affinity
cards, PGA TOUR and Senior PGA TOUR MasterCards, online. Source:
Online Banking Report
Salem Five added a fax center to its website.Source:
Salem Five Cents Bank Bank of America announces plan to expand online
products and services. Computerworld names BankAmerica to its 'Premier
100' list of companies that are "among the most innovative
at implementing intranet/Internet applications and websites".
Source: Business Wire
An alliance is formed to bring Internet banking to
700 community banks in Texas.Source: PR Newswire
Atlanta Internet bank launches. Source: Bank Technology
News Bank America moves focus to Internet banking.Source:
Reuters News Service
USA: Busey Bank announces Internet bank.Source: Reuters
News Service PNC bank offers fund transfer from other financial
services providers. Source: American Banker
USA: Nine more banks join AOL to make 27 banks total.
Source: American Banker
PNC bank debuts online investing. Source: Bank Mutual
Fund Report
USA: Tripod and Security First National bank launch
new Internet bank.Source: Internet Content Report
Wells Fargo offers Internet banking in Utah through
First Interstate. Source: The Salt Lake Tribune
US Bank launches Ubank Online within America On line.
"We absolutely have to be on the Internet in 1997", says
Senior VP Chase Manhattan.Source: Crain's New York Business
Wells Fargo: "We regard Internet
banking as the holy grail".
Source: Retail Banker International
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