Time Warner Cable's Full Service Network to launch interactive banking services; customers will have access to Barnett Bank from home.
ORLANDO, Fla.--(BUSINESS WIRE)--Nov. 29, 1995--Time Warner Cable's Full Service Network (FSN (Full-Service Network) A communications network that provides shopping, movies on demand and access to databases and a variety of interactive services. ) Wednesday announced plans to add Barnett Bank Barnett Bank, founded in 1877, eventually became the largest commercial bank in Florida. It was purchased by NationsBank in 1997, but even before signs on Barnett's branches were changed, NationsBank merged with BankAmerica Corp., creating Bank of America. to its array of interactive television services available to customers in Orlando, by the end of the year.
When the FSN was launched in December 1994, it was announced that many new services were being developed in addition to its initial services, which included movies on demand, shopping, and games. Customers will soon have the convenience of banking at home, using their television set.
Barnett Bank customers will access their account by entering the Services venue on the network's Carousel(tm) navigation system A GPS-based electronic system in a car or truck that provides a real time map of the vehicle's current location as well as step-by-step directions to a programmed destination. See GPS and vehicle tracking. .
In many ways it's like having a branch bank at home, FSN/Barnett Bank customers can check their balances, view statements, transfer funds and pay bills by using their television. In addition, anyone can navigate through Barnett Town. Each building in the town offers full motion video information on other available banking services and products such as consumer loans and investments. Future services will include the ability to receive and pay bills directly through the television.
All Barnett banking services will be free to FSN users who are customers of Barnett Bank. All customer banking information and data will reside with Barnett Bank. The data is enclosed, encrypted and secured in a closed, proprietary operating system operating system (OS)
Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. .
"We believe that our customers will find the Barnett Bank service to be easier to use than other interactive banking services they might have seen on the Internet," said Jon Palmer, Chief Retail Banking and Technology Executive. "Interactive television is a very powerful new medium for presenting our products and services to customers and prospects alike."
"The primary benefits of the FSN have always been greater choice, convenience, control, and customization of their television viewing," said FSN President Tom Feige. "We have enabled our customers to use their television, not just watch it. We believe the banking services we have announced today will add tremendously greater value to those benefits."
Time Warner Time Warner Inc. (NYSE: TWX), formerly known as AOL Time Warner, is the world's largest media and entertainment conglomerate headquartered in New York City, with major operations in film, television, publishing, Internet service and telecommunications. Cable's Full Service Network is a digital, interactive television network that provides subscribers in Orlando with on-demand access to a variety of entertainment and informational services. The Full Service Network is integrating the technologies from the cable, computer, and telephone industries to provide interactive television and telephony.
Time Warner Cable This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. is the nation's second largest cable television operator, currently serving 10 million customers in 37 states. After the closing later this year of the Cablevision Industries acquisition, the company will serve 11.5 million customers. It is a unit of Time Warner Entertainment, L.P.
With $41 billion in assets, Barnett Banks Inc. is the leading financial institution in Florida and ranked in the top 25 in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The company provides a complete line of banking and related financial services to consumers and businesses. Barnett stock (BBI BBI Blockbuster Inc. (stock symbol)
BBI Berlin Brandenburg International (Airport)
BBI Browser-Based Interface
BBI Best Brains Inc. ) is listed on the New York Stock Exchange New York Stock Exchange (NYSE)
World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. .
CONTACT: Time Warner Cable Full Service Network, Orlando
John Strickling, 407/667-2043
Barnett Banks Inc., Jacksonville, Fla.
Jerri R. Franz, 904/791-5455