Paul, you dug back into the treasure chest for that post, and pulled up a jewel. The poster was (is?) a CKFR employee, and said:
<<Sources also say Integrion does not plan to use Visa Interactive's bill payment processing capability and its owner banks ***want Integrion to outsource remittance processing to CheckFree Corp***. (My emphasis). Several of Integrion's owner banks, including Barnett Banks, Bank of America, Banc One Corp. and First Chicago NBD Corp., already have bill payment processing agreements with CheckFree.>>
There wasn't any selling of any consequence, in fact there was upward pressure today.
And a partial response to Chirodoc regarding potential competition for CKFR: That is really all there is today: potential competition....announced joint ventures like MSFDC, without customers....CKFR has the big, early lead, and don't look like they plan to give it up without a fight.
Brian |
