| By Jim Bruene on March 14, 1998 7:32 AM | Comments (0) |
A perfect adjunct to your other virtual banking services, Virtual Safe Deposit Boxes provide secure and private storage of digital valuables such as:
- userid/passwords
- digital certificate back-up copies
- email archives
- Quicken/Money back-up files and archives
- electronically prepared tax returns
- all back-up files
- household inventory
- off-site storage of daily business records
- scanned photos/documents (scanners could be located in branch-based kiosks for self-service)
Since consumers are accustomed to paying $20 to $50/yr or more for a physical safe deposit box, the virtual box could be a successful fee-based item. But we think it would be more useful as a free enhancement to increase interest in your online banking program. An attractive hybrid would allow “x” number of documents to be stored free with fees for additional storage.
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