Visa and MasterCard are racing to create a comprehensive standard for home banking but are moving in different directions with their services.

MasterCard's remote banking system is based on touch-tone telephones and PCs. Visa, meanwhile, is forging an alliance with Microsoft Corp. in an attempt to develop the premier home banking standard, offering a huge variety of services and options.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.