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 ?
Electronic home banking could result in a significant reduction in these costs.
IMM began integrating with multiple Internet banking providers about one year ago to provide our clients with the choice of using home banking as the preferred method for members to start the TotaleAtlasWeb process," said Chuck Klein, CEO of Integrated Media Management.
In turn, customers of financial institutions will be able to use the home banking service to access account histories, transfer funds between accounts, pay bills electronically, complete loan applications, access E-mail, and perform a host of other banking functions.
institution's implementation of home banking by providing turnkey
SafeWeb provides protection for the home banking customer when the customer is liable for an unauthorized transaction.
He oversaw SSI's development of home banking transaction processing and managed the construction of the BankAtHome PC Home Banking product, which is used by over 20 banks in the United States.
Over twenty thousand customers now use Digital Insight's AXIS home banking system and 50 more institutions are committed to providing it.
Arecibo Credit Union (COOPACA), Puerto Rico's largest credit union with assets in excess of $200,000 million, will become the first of Helvetia del Caribe's clients to go online with Digital Insight's AXIS home banking system.
Destiny's Internet home banking module offers full-fledged
FINREAD (Financial Transactional IC Card Reader), led by Groupement des Cartes Bancaires (France), along with SIZ (Germany), Banksys (Belgium), Interpay (The Netherlands), Europay, VISA and others, establishes standards and specifications for smart card readers and advanced e-commerce terminals used in home banking, shopping and other services for the deployment of interoperable, secure smart card terminals for European Union countries.

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