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Online banking targets 5m customers Europe-wide

Thursday 30 March 2000 12:00


Online banking for up to five million users across Europe is planned through a new venture between e-commerce specialist Brokat and Scandinavian bank SEB.

The two companies have announced they will develop online banking and online brokerage to five million end customers in five European countries, starting with the UK.

Based on Brokat's Twister application, the banking service has been designed to operate through the Internet, mobile and WAP (wireless application protocol) phones, digital/interactive television and PDAs (personal digital assistants).