online banking

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online banking

Transacting business with a bank, savings & loan or other financial institution over the Internet rather than in person at a branch or drive-in location. Customers can view their account balances, transaction history and cancelled checks, as well as pay bills, transfer funds and apply for loans. Most banks offer online banking as an option, whereas a "virtual bank" has no physical branches and conducts all business online. See mobile check deposit and virtual bank.
References in periodicals archive ?
Now, EBank account holders can buy prepaid electricity and prepaid water from their EBank accounts right away to the City of Windhoek and most towns, villages and settlements nationwide via this cooperation.
The EBank Board of Directors will include, John Steytler, Statician General of NSA; Yvonne Dausab, Deputy Dean of the Law Faculty at UNAM; Martin Shipanga, former Managing Director of Nedbank; Coenraad Jonker, CEO of TYME SA; Geral Riedel, Executive Director at EBank and Monica Kalondo, Managing Director of Stimulus.
Unlike conventional banks that collect deposits and make loans, eBank specializes in settlements of small payments for Internet shoppers.
Taiichi Matsuo, president of eBank, said, ''We want to deal with 300 billion yen worth of settlements in three years' time,'' by strengthening the tie-up between eBank's stockholder Yahoo
Under the partnership, EBank account holders can buy prepaid electricity plus prepaid water directly from their EBank accounts for the City of Windhoek and most towns, villages and settlements countrywide.
Brasfield said that eBank Systems was an attractive fit for TriNovus because it offered a solid core technology platform with an experienced and competent support staff that would help to expand the scope of the current technology solutions that TriNovus offers.
The Office of Thrift Supervision said the bank, which originally opened in 1998 as Commerce Bank had changed its name to ebank in 1999 to pursue an Internet banking business strategy.
Mike Mukete, CEO of Ebank, said, Our positive and ongoing relationship with TYME has been cemented in a long-term master service agreement, which provides for sustainable product development capabilities as well as key technological support.
and others have already set up a company in Tokyo capitalized at roughly 1 billion yen to prepare for the launch of eBANK, the sources said, adding that the founding partners are calling on other firms to invest.
In an exclusive arrangement for its customers, eBank Systems will license, host and deliver the Compass Internet Banking Platform from its highly-secure data center.
LUBBOCK, Texas and SAN FRANCISCO, March 8 /PRNewswire/ -- Pay By Touch, the leader in biometric payments and personalized marketing, and eBank Systems, Inc.
20 /PRNewswire-FirstCall/ -- eBank Financial Services, Inc.