That's the name of the server where our website is hosted. If you have automatic version checking enabled, iBank will automatically connect to our website every time it is launched to find out if any new updates are available.
Don't worry - it is our policy that iBank never transmits any information about you or your computer back to IGG Software. To view a copy of our official privacy policy, see this page on our website: http://www.iggsoftware.com/privacy.html