electronic banking

American  

noun

1. banking transactions conducted through computerized systems, as electronic funds transfer by automated-teller machines, intended to speed operations, reduce costs, etc.

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Etymology

Origin of electronic banking

First recorded in 1975–80

Example Sentences

European banks are wary that a digital euro could reduce demand for their online and electronic banking services, especially since some of them banded together to launch their own payment system Wero.

From Barron's

European banks meanwhile are wary that a digital euro could reduce demand for their online and electronic banking services.

From Barron's

The head of the national bank, Siose Penitala Teo, said the move to electronic banking and payments would open the door to economic empowerment.

From BBC

Their instalment marks the first time the island's 11,000 inhabitants have had access to electronic banking.

From BBC

Central Pacific Bank, for example, called their digital checking account Shaka Checking at the suggestion of electronic banking manager Florence Nakamura.

From Seattle Times