I have a theory that Citicorp is shaping up as the REAL competition to CKFR.
At least, their pay-anyone billpay service has not gone away, and they are expanding more aggressively than other banks into electronic banking. This Netscape deal sound to me as though Citi will, in effect, open up a branch office on the web. Their branches here in Washington are all promoting their new PC banking system. I even got a telemarketing call the other day from Citi, promoting their PC banking (using their in-house billpay, of course.)
Anyone have information, insights or thoughts on where Citi is headed, how well or poorly they are performing, and how much business they might conceivably take away from CKFR?
(I bank with Citi, but through Quicken, so my own billpay is still handled by CKFR.) |
