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ICBC Upgrades Online Bank System
November 2, 2005 |
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The Industrial and Commercial Bank of China (ICBC) has upgraded its online bank system, adding four new services.
Those services include micropayments, information verification, account management on a nationwide basis and automatic loan payments.
Among the four, the type of information verification that ICBC has installed is reportedly the most comprehensive measure ever taken by a Chinese bank to testify users' authentication.
In addition to the above services, ICBC has also added such new functions as C2C online payments, corporate online time deposits and corporate e-transaction billing.
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