First Direct is now looking to take the next step into TV Banking. First Direct, as a division of Midland Bank, is working with BIB, a company that is co-owned by BSkyB, British Telecom, Midland and Matushita, to develop interactive TV. The system is to be launched in 1998. Customers will be able to access their accounts via their TV sets with a set top box. This state of the art technology will also enable people to download cash onto Mondex cards. Watch this space!