We all remember the 1990's when technology buzz words like mindshare, brick-and-morter, and paradigm shift accompanied any conversation about internet banking... oops it was PC banking. A powerful PC consisted of a 386 processor and 4MB of memory over a 14.4 connection. Those were the days when balances and transfers were cool...
This video archive from Digital Insight (must be circa 1997?) reminds us just how far we have come in the channel, but how much opportunity we have in front of us.
What future opportunities does the channel present? What does tomorrow's bank look like? Is it virtual branches in Second Life, RFID chips, or artificial intelligence? Microsoft compiled a fairly compelling demonstration of the roll that technologies such as biometrics, peer-to-peer, and mobile computing will have in the bank of the future.
This isn't going to happen overnight, look how long it took us to be able to open accounts online, but the surge of mobile (both devices and services like the iPhone) this year will certainly aid in accelerating things...
This video archive from Digital Insight (must be circa 1997?) reminds us just how far we have come in the channel, but how much opportunity we have in front of us.
What future opportunities does the channel present? What does tomorrow's bank look like? Is it virtual branches in Second Life, RFID chips, or artificial intelligence? Microsoft compiled a fairly compelling demonstration of the roll that technologies such as biometrics, peer-to-peer, and mobile computing will have in the bank of the future.
This isn't going to happen overnight, look how long it took us to be able to open accounts online, but the surge of mobile (both devices and services like the iPhone) this year will certainly aid in accelerating things...
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