Definitions for "online banking"
Keywords:  bank, yokado, ebank, mitsui, sumitomo
Very simply, online banking refers to the performance of banking activities...
Online banking is expanding in scope, from payment settlement services for Internet shopping and auctions to mortgages and consumer loans. Japan Net Bank, an affiliate of Sumitomo Mitsui Banking Corp., was launched as the nation's first online bank in 2000 after regulations on entry into the business were relaxed. The following year, Sony Corp. unit Sony Bank Inc., eBank Corp. and Ito-Yokado Co. group member IY Bank were created. These banks' earnings are growing as Internet users increase in number.
Most banks and building societies now allow their customers to access their bank account details electronically, using a computer, or interactive television, or even their mobile telephone. Electronic banking services now also encompass almost the full range of services available from a bank, including setting up payments, applying for loans and mortgages.
Keywords:  cyberbanking, see
see cyberbanking.