11 September 2000

Woolwich, the mortgage bank acquired last month in a £5.3 billion swoop by Barclays Bank, today launches an online banking service via BSkyB’s Open interactive channel.

Although initially available only through Open, Woolwich intends to make the service accessible through other interactive media. It enables customers to view account balances and pay bills via their TV sets.

Although not the first UK bank to offer an interactive TV facility (HBSC already does so), Woolwich claims it is the first to offer services via all available channels: branches, cash machines, the telephone, the internet, WAP mobile phones – and from today, interactive television.

News source: The Times (London)