Bob Barrows Chevrolet Rte. Blethen Maine Newspapers Inc. KeyCorp, the banking giant, reached a milestone in 1997 when most of its customers' transactions were delivered by electronic means. And online banking, one of the big parts of this category, is expected to grow at the fastest clip in the coming years. Electronic delivery also includes the use of ATMs and touch-tone telephone calls.
People have less and less time in their lives.
Transactions are done in real time. The technological advance allows KeyCorp accounts to be downloaded as they occur. Most banks still tally up the day's transactions during evening hours. You don't need any special software. Since its debut, the instant-time banking system has especially appealed to retail customers and small businesses, she added.