Bank of America to Deliver Wireless Banking Services Via 3COM Palm VII Organizer; Online banking leader will be first to offer real-time wireless banking services.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden --(BUSINESS WIRE)--Dec. 2, 1998--Bank of America (NYSE NYSE See: New York Stock Exchange :BAC BAC abbr. blood alcohol concentration )today announced plans to deliver wireless banking services to users of the 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 first all-in-one wireless handheld computing product from Palm Computing, Inc., a 3Com company. With mobile connectivity to Bank of America's web site (www.bankamerica.com), Palm VII users will have real-time access to their personal bank account information through a connection to Bank of America's Home Banking. For the first time in history, with a few electronic pen strokes, people will be able to check their balances and see which checks have cleared anytime, anywhere without a personal computer or telephone. "Welcome to banking in the 21st century," said Michael DeVico, executive vice president of Bank of America's Interactive Banking Division. "Consumers on the go will no longer have to depend on plug in access to quickly and easily obtain account information and do their banking. From personal computers to broadband cable networks, wireless banking is yet another example of 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. working to provide its customers with a wide range of access channels to conduct their banking." "Bank of America has built a great reputation for using the Internet to provide leading-edge customer services," said Andrea Butter, acting vice president of marketing of Palm Computing. "Add the ability to access this kind of service from your pocket, and the opportunity becomes even more compelling for Palm VII users. It is precisely this type of capability that will fuel the continuing rapid growth of the online financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. market." The Palm VII connected organizer is the first handheld solution for out-of-the-box wireless communications and Internet access. In addition to providing fast and simple access to personal and business information, the Palm VII organizer enables users to quickly, easily and securely obtain information from Web sites via a wireless connection to the Internet and provides a means of instant two-way personal communications. The Palm VII organizer enters a national field trial in January 1999, and is expected to be widely available in the U.S. next year. With the Palm VII organizer, 3Com also introduces a revolutionary new model for accessing Internet information, called web clipping. Web clipping is a means of extracting a specific set of needed information from a given Web site, by requesting certain types of information via special query forms that reside on the Palm VII device. Information received from the Internet by a Palm VII user is automatically optimized for viewing on the Palm VII screen. About Bank of America Bank of America, with $595 billion in total assets, is the largest bank in the United States, with full-service consumer and commercial operations in 22 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . Bank of America provides financial products and services to 30 million households and 2 million businesses, as well as international corporate financial services for business transactions in 190 countries. More than 1 million of the bank's customers bank online via the Internet, America Online, or personal financial management software. 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. . For more information, please visit www.bankamerica.com and www.nationsbank.com. Note to Editors: 3Com and Palm Computing are registered trademarks, and Palm VII is a trademark of 3Com Corporation or its subsidiaries. |
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