First virtual bank

1996/10/01 Elhuyar Zientzia Iturria: Elhuyar aldizkaria

• Internet

Every day cyberspace is closer to the real world. The US company Security First Network Bank, for example, has created a bank that only works on the internet. This cyberbank, which operates with federal solvency, has operating costs lower than those of the usual box office banks (it is estimated that they are a third of the expenses). Brokers on the stock market also begin to worry because virtual brokers soon start competing.