Financial Institution Milestones -- Citibank Adds Dial-Up Banking (NetBanker)

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Financial Institution Milestones -- Citibank Adds Dial-Up Banking

By Jim Bruene on May 20, 1997 8:12 AM | Comments (0)

Citibank
www.citibank.com

Citibank UK (London) added dial-up PC banking to its menu of services. Last year the bank launched Citibank on the Psion. Following the lead of its U.S. parent, the UK version of Direct Access carries no fees.

In other news, Citibank (New York, NY; $281 billion; 4.8 million ATM cards) and VeriFone (soon to be part of Hewlett-Packard) will distribute VeriFone’s Personal ATM to customers participating in the upcoming NYC smart card pilot. The device will download value into a smart card over a standard phone line.

Contacts: Henry Lichstein, is VP Smart Card Development at Citibank, 212.559.1000. Thomas Kilcoyne is VP/GM Consumer Systems at VeriFone, 415.617.8000.

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