VirtualBank offers a revolutionary approach to banking. Most banks function with multiple technology platforms and disparate back office systems that do not talk to each other. Traditional banks have spent tens of millions of dollars to band-aid these systems together, and they are still stuck with the internal politics and bureaucracies that get in the way of serving you. Internet-only banks have simply attached a web interface and out-sourced their technology to these same antiquated systems. Instead of leveraging more efficient technology, Internet banks have stumbled into the inherent problems that plague their traditional competitors.
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