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unusual facts about Online banking



Branchless banking

For example, Cooperative Bank of Kenya uses the Internet, ATMs, POS devices, EFTPOS devices, and mobile phones as technologies to deliver its banking services through a combination of distribution channels including stationary bank branches, mobile bank branches, ATMs, bank agents, Online banking, and mobile banking.

Grupo Aval Acciones y Valores

On April 18, 1997, the Group formally changed its trading name from Administraciones Bancarias S.A. to Sociedad A.B. S.A. On January 8, 1998, the Group once again changed its name to Grupo Aval Acciones y Valores S.A. Later that year, Grupo Aval introduced an Online banking platform, which was integrated within the Group's major banking subsidiaries, Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas.


see also

Banking in Karnataka

They have also been forced to upgrade their technology and introduce services like ATMs and online-banking transactions.