MICROSOFT is to launch an Internet banking site in partnership with up to four British banks.
Published:
22 March 1999 y., Monday
The move represents an attempt by the software giant to grab a share of an increasingly popular market. While the big four British clearing banks - Barclays, NatWest, Lloyds TSB and HSBC - are introducing their own Net banking services, Microsoft will team up with smaller banks and is understood to be negotiating with Royal Bank of Scotland, Bank of Scotland and Co-operative
Bank.The Finance Channel, the site_s working title, will become part of the Microsoft Network . Any user will find The Finance Channel on MSN_s home page with a list of links to banking services. The relationship between the banks and Microsoft is likely to be similar to that with supermarkets such as Tesco, backed by Royal Bank of Scotland, and Sainsbury, backed by Bank of Scotland. Online banking is a huge growth area in both Britain and America. It is expected that there will be about 2.5m Net bank users by 2002 in Britain alone, with a figure of about five times that likely in America.
Šaltinis:
Sunday Times
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Statistics Lithuania has calculated that, based on provisional data, FDI in Lithuania in 2009 amounted by 5.3 % more than in 2008. Also, direct investment of Lithuanian enterprises abroad grew by 13.9 % in 2009.
more »
Concerns about foreign fish being sold in Europe and what to do about the future of Europe's fisheries industry were aired in a hearing held by the Fisheries Committee on 8 April.
more »
EU opens public debate on its agricultural policy, the prelude to a major reform in 2013.
more »
The European Commission today launched a €35 million call for eco-innovation projects to be funded under the Competitiveness and Innovation Programme.
more »
Bank SNORAS group company Finasta Holding recruits all funds management and investment companies of the group in the Baltic States.
more »
The European Central Bank (ECB) and the European Commission are jointly holding a high-level conference on financial integration and stability at the ECB’s premises in Frankfurt am Main.
more »
Today, the European Central Bank (ECB) is publishing its fourth Report on Financial Integration in Europe, which notes the return towards integration in the European financial markets.
more »
World Bank Group financial commitments since July 2008, just before the full fury of the financial crisis hit, reached US$ 100 billion today as the institution helped countries respond to and recover from the global downturn.
more »
On March 31, 2010, the Executive Board of the International Monetary Fund concluded the Article IV consultation with Serbia.
more »
The International Monetary Fund and the United Kingdom’s Department for International Development have launched a new project to improve macroeconomic statistics in 23 African countries. DFID will provide US$7.5 million over the next five years to support the project.
more »