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Wells, 31 Others Ease Downloading of Account Data from Internet
Beginning of article
Wells Fargo & Co. and 31 community banks and credit unions announced that their customers will be able to download account information from the Internet with the click of a button.
The technology is one of the first uses of Microsoft Corp.'s set of standards for electronic financial connections, which were introduced last March.
Called Active Statement Technology, advocates say that it will simplify the process of transferring account files from the World Wide Web to personal financial software programs.
Making data on Web sites easier to download is likely to encourage banking customers to go to the sites, industry observers said. That, in turn, would offer …
