The ABCs of banking online

Online banking has become a reality. The positive aspects of banking by computer include low cost, convenience and financial planning capability. The downside of online banking includes security and computer overload. With a personal computer and a modem, online banking is possible. Banking by compu...

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Bibliographic Details
Published in:	Black enterprise 1996-03, Vol.26 (8), p.45-45
Main Author:	Korn, Donald Jay
Format:	Magazinearticle
Language:	eng
Subjects:	Banking Banking industry Banks Computer terminals EFTS Electronic banking Electronic funds transfer systems Modems Online information services Personal computers Public relations Service introduction
Online Access:	Get full text
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Summary:	Online banking has become a reality. The positive aspects of banking by computer include low cost, convenience and financial planning capability. The downside of online banking includes security and computer overload. With a personal computer and a modem, online banking is possible. Banking by computer has both pros and cons. The positive factors are convenience and low cost. The negatives are security, computer overload, and service limits. Many banks offer online access, or will soon. Moreover, services such as America Online will introduce banking to subscribers.
ISSN:	0006-4165 2691-5510