ONLINE BANKING
Whatever electronic banking software you may have had until now, it's been a kludge between bits and paper. Most of your bills arrive ink-on-pulp; you can go online to pay them, but it's often more hassle to boot up and log on than to simply mail a check. That's why CheckFree is developing a bill-presentation system to link your billers to you through the Web. Soon you'll be able to manage monthly payments entirely online.
This fall, Banc One will soon roll out electronic banking services that use CheckFree's network. These services will allow merchants such as AT&T, Columbia Gas of Ohio, and BellSouth to tie their full monthly statements to each bank's account databases. Once this infrastructure is in place, Banc One customers will be able to access their bills through the Web. At first, the initiative will be trial sized – to date, about 24 credit card, utility, and billing companies have signed on to be a part of the CheckFree system. But as momentum gathers, home money managers can expect to see the beginning of true Web-based banking.
[an error occurred while processing this directive] Banc One: www.bancone.com/; CheckFree: www.checkfree.com/. [an error occurred while processing this directive]
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