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Virtual Checking Accounts

On the Web, it’s the plastic that matters

Author
Jim Bruene

Published
Jul. 27, 1999; OBR 50/51

Pages
32

Format
Printed, PDF, or Word

Size
2.3MB
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Abstract: Will virtual checking combined with a credit card be able to gain control of the payments process while leaving the messy and largely unprofitable paper and branch-based checking services to the existing players?

Contents

  • If you build it, will they come?
  • 13 reasons to focus on plastic
  • Features and benefits
  • Marketing: 100% fee-free checking
  • Anatomy of a start-up: WingspanBank.com takes off
  • Scorecard: Loan banner ads
  • Innovations: Scan and pay bill payment
  • CyberBills.com (update)
  • PayMyBills.com
  • PayTrust.com
  • Q-UP’s turnkey eComm solution
  • Financial institution milestones
  • American Express launches ebanking
  • CompuBank ranks #1 on SmartMoney
  • Lending Tree’s $500 rebate
  • Cool web tricks from First USA


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