Telebanking Case StudyMidland - 1
Midland of Britain added Banking by phone in 1989
- designed to attract customers tired of queuing up at branches
- began 24 hour bank-by-phone service 365 days a year.
- similar to bank-by-phone programs pioneered by Bank of America* and Wells Fargo Bank* and hundreds of other banks in the United States
- user of BASE24-atm and BASE24-pos
- Services available over the phone will include:
- account transfers
- bill payments
- apply for mortgage and personal loans applications
- insurance policies and travel services.
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* both Bank of America and Wells Fargo are users of BASE24-atm and BASE24-pos