First Data Direct Banking has developed a privacy program for banks using its NetPrecision Home Banking system.

The program guides providers of on-line financial services through the creation and posting privacy policies on their Web sites.

The postings "provide a level of comfort that will encourage customers to visit the sites and take advantage of the transactional services offered," said Randy Kahn, president of First Data Direct Banking.

First Data developed tools to assist financial institutions in adopting privacy policies and a process to aid policy disclosure, and then integrated the process into its NetSpeed implementation program.

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