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  • Citibank Provides Financial Info Services Using NCTVs
  • November 2, 1998 (TOKYO) — The Japanese branch of Citibank N.A. and Oracle Corp. Japan have started providing financial information services using a set-top box called NCTV and promoted by Oracle Japan.
    They installed NCTV terminals in the 19 branches of Citibank throughout Japan. The terminals provide customers with foreign exchange rates and other financial information.

    This is the first time for the banking industry to offer such information to customers using the Internet/intranets inside bank branches.

    NCTVs are Network Computer (NC) terminals with an additional receiving facility for television and terrestrial broadcasting. Oracle Japan promotes use of the equipment among corporations.

    According to Oracle Japan, it is possible to build an Internet environment by using existing television and NCTV terminals without having to purchase Internet-compatible televisions. The cost of building an Internet/intranet environment is reportedly less than that of using PCs.

    (BizTech News Dept.)



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