Banking On The Web Essay, Research Paper
The topic of this article is Banking on the Web and paying
bills online. This new technology will help a lot of people with
internet access to manage their accounts online. These
services have been available for some time, but many people
are unsure of the benefits. Paying bills electronically is quickly
gaining popularity.
Banks like Bank of America and Washington Mutual are trying
to make this more available. Checkfreem is the nation’s biggest
electronic bill paying service and is being offered by many
large bank companies.
Smaller banks are also trying to compete with their bill paying
ideas. One of then, TransAtlantic Bank, is giving away free
Internet for people who have $1000 in their account. But there
are still people who fear the “mistake” of using money over
the internet.
Gene Kriby, who works at Suntrust, agrees with the opinion
that customers would most likely stay with their bank if they
set up accounts over the internet.
I chose this article because it’s a current topic regarding the
future of the banking industry. This issue is important because
it will affect a lot of people and the economy of the nation.
Also, my classmates will find this interesting because it
focuses on the latest ussues affecting banking and finance.
This issue is impacting everyone, mostly the nation, because
it’s going to be affect the way we usually pay our bills and
manage our money. This issue will benefit everyone, because it
will make out lives much more easier. We can learn from this
article that technology is improving everyday and helps us take
care of things at a click of a mouse.