All-Internet Bank Put Up for Sale

Security First Technologies announced plans to sell the bank it has used as a proving ground for its Internet banking software.

Company executives said the sale of Security First Network Bank-which opened for business in October 1995, billing itself as the first all- Internet bank-will help Security First Technologies focus on the software business.

The bank has $48 million of assets and at least 10,000 customers.

Six banks offer Internet banking services using Security First Technologies products, and the company expects another 14 to begin doing so within the next few months.

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