Online Banking Service Reaches User Milestone
Digital Insight of Camarillo has signed the 12,000th user to its AXIS home banking system on the World Wide Web.
Digital Insight provides online home banking services to 17 of the 33 financial institutions that offer access via the Internet, according to Online Banking Report, a newsletter that tracks developments in cyberspace banking.
“Digital Insight has established itself as the leader in online banking because it provides financial institutions with what they want while being cost effective,” said Jim Bruene, newsletter editor. “Digital Insight’s success stems from really capturing the essence of what a financial institution Web site should be.”
An average online banking site costs $25,000 plus a monthly $2 fee for every user.
The AXIS system also includes stock quotes at 15-minute delays as well as an interface to Intuit’s Quicken and Microsoft’s Money programs. In the next few months, Digital Insight will be adding bill payment processing.
Digital Insight’s AXIS system requires no hardware or software purchases by a financial institution.
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