The early version of what was considered online banking began in New York at Citibank, Chase Manhattan, \Chemical Bank and Manufacturers Hanover, which offered home banking services.
The first steps towards online banking were taken in 1981 – the same year the IBM PC was launched. In New York, Citibank, Chase Manhattan, Chemical Bank and Manufacturers Hanover, began offering home banking via videotex, an early interactive computer service that transmitted text over the telephone. By the mid-1990s, widespread adoption of computers and web browsers enabled internet banking to gain momentum and quickly become ubiquitous.