9 smart new ways to manage your $$

Instead of navigating through your bank's website or fighting through the hold queue to connect to a representative by phone, ActivePath lets you execute bank transactions through e-mail.

Beginning this year, banks can use ActivePath's system to e-mail their customers secure statements, deposit notifications and insufficient funds alerts. Customers can then tell the bank what kind of action they want to take -- whether it's make a payment, transfer money or get a loan.

ActivePath says the largest banks in Israel already use its service, and it is currently working with several large banks in the U.S. and Europe. But the banks prefer not to reveal their names for competitive reasons, ActivePath says.

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