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To: Sam Biller who wrote (10359)9/20/1999 12:20:00 PM
From: Sam Biller  Respond to of 20297
 
I don't remember seeing this posted...FWIW...

News September 16, 07:57 Eastern Time

NatWest joins Yahoo! on Internet banking

LONDON, Sept 16 (Reuters) - Britain's National Westminster
Bank Plc said on Thursday it had joined forces with Yahoo! UK &
Ireland to deliver Internet account access to its customers from
October.
NatWest customers will be able to view balance and statement
information through their personalised 'My Yahoo!' page or
Yahoo! Finance and jump directly to the bank's own site
natwest.com for transactions.
NatWest said the deal marked the first banking partnership
for U.S. Internet media network Yahoo! Inc. in Europe.
It has a similar online deal with BankAmerica .
Yahoo! also entered into a partnership with CheckFree Corp.
this month to allow users pay bills and send cheques
through Yahoo! Finance (http://finance.yahoo.com), one of the
most visited of its more than 50 Web sites.
NatWest, Britain's fourth biggest retail bank by market
value, said it would also offer free Internet access and
real-time Internet share dealing through NatWest Stockbrokers
from late October.
The bank, which currently has a direct dial PC banking
service, is spending 100 million pounds ($161.6 million) this
year to develop e-commerce ventures and card services business.
But it has lagged behind its main rival, Barclays Plc, which
already has an Internet banking offering.
Yahoo! is one of the world's most popular Internet
destinations. It shares closed at $162-6/16 on Wednesday.
NatWest shares were unchanged in London morning trade at
10.86 pounds.
((Clelia Oziel, London Newsroom +44 171 542 7721, Fax +44 171
583 3769, clelia.oziel@reuters.com))
($1=.6187 Pound)