Online Banking History

The history of online banking dates back to 1995 where the Presidential Savings Bank gave the option of viewing the account balances and transactions online for their customers. Today every major banks have the online checking accounts facility. There are many advantages for the customers to do banking through internet. It provides facility to handle the finance at one's own pace other than business hours also.

Let's face it, banks do not have the best hours. Many people are at work when their bank is open and get off work after their bank is closed. This makes it very difficult for these people to take care of their banking. While some bank branches do have limited Saturday hours, this is usually an extremely busy time to go to the bank. Rather than waiting in long lines, you can handle your financial transactions online, any time of the day or night. Online transactions take about as long as an ATM transaction would thanks to the fast speed of the Internet. The faster your computer is, the faster your transactions will be.

Also, online banking can be done anywhere in the world that offers a computer with Internet access. This means if you are away from home you can still manage your bank accounts and view your information. In addition, you can sign up for alerts that tell you when automatic deposits or withdrawals are made, or when your account hits a certain balance. These alerts can be sent to you via email, telephone or mobile phone. Today's advanced technology makes even makes it possible to connect to your accounts via mobile phone with Internet access. You can even pay your bills online without ever having to write a single check or mail a single envelope.

Security is another important part of online banking history. In the early days, it may have been easy for a skilled hacker to get into bank accounts, but no more. Today's banks have extremely sophisticated security systems that no one can crack. They use 128-bit encryption and a variety of other security methods to keep your information safe. Online banking has certainly come a long way in the past ten years. With so many features and benefits, it's no wonder so many people these days are turning to online banking as a way of managing their finances.

Online Banking News:
BankAds Announces Acquisition and Relaunch of OnlineBanks.com, the Best Resource for Online Banking Comparisons and .
BankAds, a leading provider of advertising solutions for the banking sector, announces the acquisition and relaunch of OnlineBanks.com, the best resource for online bank comparison information. (PRWeb May 15, 2012) Read the full story at http://www.prweb.com/releases/2012/5/prweb9506657.htm..


MoneyDesktop Wins FinovateSpring Best of Show With New Deals Platform Linked To
At FinovateSpring, the premier fintech conference worldwide, MoneyDesktop, an innovative leader in PFM (personal financial management) and other financial technology, was voted Best of Show from 64 other presenting companies. A record-breaking audience of ...


Market Wire - eMerchantPay Appoints New Vice President Sales-Gaming
May 15, 2012 -- eMerchantPay Group , the trusted global leader in international online payment processing gateway services for e-commerce, recurring...


Kaspersky Lab Performs Best in Dedicated Testing Against Online Banking Threats
Manila, Philippines - Kaspersky Internet Security 2012 has come out on top among three commercial solutions in dedicated testing by the independent test lab AV-Test.org. The Kaspersky Lab solution was up against products from Symantec and BitDefender and was the clear leader in terms of dynamic and static detection of online banking threats...


Barclays Launches Online Banking in U.S.
Barclays got out of the branch-banking business in the United States in the early 1990s, but now the British bank is making a digital run at the U.S. by wooing Americans to its new online banking service. The Wall Street ...


PRESS-RELEASES: Kaspersky Lab tops dedicated testing against online banking threats
Says your online cash is safe while it's on guard..


User:MyrandaFerree141 - LibraryCloud Wiki
If you do not want to have to go to the bank all the time, then online banking may just be the answer for you. No longer do you have to endure the strain of endless hours on a queue in a bank when you can now obtain the same services faster ...


New
A new UK-based..


Online Banking Safety Windows 7 Home Premium Requires Many .
Online banking can also be Windows 7 Ultimate named Web banking and is utilized to explain when folks perform transactions, payments as well as other financial institution dealings online making use of their bank's secure ...


Online banking service launched
Al Khalij Commercial Bank (al khaliji) has launched its new online banking service...


Leading Industry Analyst for Financial Services Cybercrime Prevention Joins Trusteer
Trusteer, the leading provider of endpoint cybercrime prevention solutions, today announced that former TowerGroup senior research director and online banking expert George Tubin has been appointed senior security strategist for the company...


Barclays rolls out online bank accounts in U.S. - MarketWatch

TheStreet.com
Barclays rolls out online bank accounts in U.S.
MarketWatch
LN) US operation is getting into the online-banking business as it works to diversify funding for its growing credit-card operations. The British bank said Monday it is offering a high-yield savings account and certificates of deposit through its .
Barclays to Start U.S. Online Bank - Analyst BlogNASDAQ
Barclays Plans Online U.S. Bank: ReportsTheStreet.com
Barclays to offer online US savings accounts: FTReuters
FOX 4 News
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Online banking service launched
Al Khalij Commercial Bank (al khaliji) has launched its new online banking service...


Market Wire - Dreaming of Your Next Holiday-Save Money With Coupons and Other Special Offers
May 14, 2012 -- When dreaming about your next trip you probably think about two things, where you would like to go on holiday and where to get the best travel...


CUBUS Solutions Debuts Online Banking Platform for Credit Unions - San Francisco Chronicle (press release)

CUBUS Solutions Debuts Online Banking Platform for Credit Unions
San Francisco Chronicle (press release)
Integrated online banking, payments and finance management in one single interface for consumer and commercial needs Livermore, CA (PRWEB) May 16, 2012 CUBUS Solutions, a leader in online banking solutions for credit unions, announced today CUBUS .

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Farmington Bank Selects Q2ebankings Online Banking Platform
Q2ebanking , a provider of premier electronic banking solutions for financial institutions, announced today that it has been selected by ConnecticutEURbased Farmington Bank to pr..



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