Bank of America Launches Wireless Banking for California Customers Via New Palm VII Handheld Organizer.CHARLOTTE, N.C.--(BUSINESS WIRE)--Oct. 4, 1999-- Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. (NYSE NYSE See: New York Stock Exchange :BAC BAC abbr. blood alcohol concentration ) today announced it is now providing wireless banking services to its California online banking customers who use the new Palm VII The Palm VII product family consisted of two products, the Palm VII and the Palm VIIx Palm Pilots. These were produced by Palm, Inc., before it was split into PalmOne and PalmSource. They had antennas for wireless data communication on the Mobitex network under the now defunct Palm. (tm) connected organizer. The Palm VII device - an all-in-one, wireless handheld computing product - is being launched today by Palm Computing, Inc., a 3Com (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : COMS COMS 3Com Corporation (stock symbol) COMS Certified Orientation and Mobility Specialist COMS Continuous Opacity Monitoring Systems COMS City of Manchester Stadium (UK) ) company. For the first time, Bank of America online banking customers in California are able to check their account balances, see which checks have cleared and review other account activity - all without a personal computer or telephone. With a few electronic pen strokes, customers who use the Palm VII device will have real-time access to their personal bank account information through a secure connection to the Bank of America online banking Web site (www.bankofamerica.com). "We are delighted to offer our California online customers this new and extremely convenient method of accessing their personal account information," said Jeanine Brown, head of the Interactive Banking division at Bank of America. "This new service is part of our overall strategy to provide Bank of America customers with a wide range of convenient access channels - from traditional banking centers and ATMs to telephones and the Internet. With the launch of our banking services on the Palm VII, we've now added the wireless channel to our mix of customer options." As previously announced last summer, Bank of America also is working closely with 724 Solutions Inc. to develop the internal infrastructure necessary to provide banking services via a host of other wireless devices, such as mobile phones, smart phones and handheld electronic organizers. The bank plans to begin piloting wireless banking with these types of devices next year. The Palm VII organizer uses Web clipping technology for quickly, easily and securely obtaining information from Web sites via a wireless connection to the Internet. Web clipping is a means of extracting specific information from a Web site with special query forms that reside on the Palm VII device. Internet information obtained by a Palm VII user is automatically formatted for viewing on the device screen. Bank of America, with $614 billion in assets, is the largest bank in the United States. The company serves more than 30 million households and 2 million businesses across the country, offering customers the largest and most convenient delivery network from offices and ATMs to telephone and Internet access. It also provides comprehensive international corporate financial services for clients doing business around the world. The company creates financial relationships featuring a full array of financial services, from traditional banking products to investments and capital raising within the securities markets. Bank of America stock (ticker: BAC) is listed on the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Pacific and London stock exchanges London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. , and certain shares are listed on the Tokyo Stock Exchange Tokyo Stock Exchange Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai. . Further investor information can be found at www.bankofamerica.com/investor. www.bankofamerica.com Palm VII is a trademark of Palm Computing, Inc. and 3Com Corporation. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion