[68292] in Cypherpunks
Re: news item on Atlanta bank
daemon@ATHENA.MIT.EDU (Nicolas J. Hammond)
Sat Oct 19 14:10:31 1996
From: "Nicolas J. Hammond" <njhm@ns.njh.com>
In-Reply-To: <Pine.OSF.3.91.961018153037.5149A-100000@fn3.freenet.tlh.fl.us> from "P. J. Ponder" at "Oct 18, 96 03:33:35 pm"
To: ponder@freenet.tlh.fl.us (P. J. Ponder)
Date: Fri, 18 Oct 1996 22:39:53 -0400 (EDT)
Cc: cypherpunks@toad.com
P. J. Ponder wrote ...
> from:
> [http://netday.iworld.com/news1.shtml]
>
> news@iworld.com
>
> "CyberBank" Opens for Business
>
> [October 18] -- Atlanta Internet Bank reports its
> cyberdoors are open for business as the world's first
> Internet-only bank.
Security First Network Bank officially opened just over one year ago
(they had their one year anniversary this past Thursday).
SFNB actually had been on-line about 4 months before that
(I helped with their security when I was with a different company).
SFNB was the first Internet-only bank.
SFNB is planning on opening some bricks + mortar branches which
means that, technically, AIB's press release may be correct
(only "Internet-only" bank), but it will be a couple of months
before AIB is actually on the Internet. According to local
newspapers AIB is only available through AT&T's
network - it will be a couple of months before they are on the Internet.
> Currently available to AT&T WorldNet Service
> subscribers, Atlanta Internet Bank's initial products
> include interest-bearing checking accounts, direct
> deposit, electronic bill payment, account transfer
> capability, and ATM cards.
> [...]
--
Nicolas Hammond NJH Security Consulting, Inc.
njhm@njh.com 211 East Wesley Road
404 262 1633 Atlanta
404 812 1984 (Fax) GA 30305-3774
