Home Account Network and CheckFree Sign Distribution Agreement for Electronic Bill Payment and Presentment
CheckFree's E-Bill to Be Offered With Canopy Internet Banking Software
EMERYVILLE, Calif., May 6 /PRNewswire/ -- Home Account Network, Inc. announced today that it has signed a re-seller agreement with CheckFree (Nasdaq: CKFR - news), a leading provider of financial electronic commerce processing and services. Under terms of the agreement, Home Account will integrate CheckFree's E-Bill billing and payment services into its product offering for banks, brokers and other financial institutions.
Charles A. White, Chief Executive Officer of Home Account Network said, ''By integrating CheckFree's capabilities with our Canopy(TM) suite of products and services, we can provide advanced bill payment and presentment services to our customers, enhancing their ability to effectively compete in the marketplace. We believe that online bill payment and presentment will play a major role in the attraction of consumers to Internet financial services.''
''We're very pleased to work with Home Account Network and provide an ever greater level of service to their client base,'' said Matt Lewis, senior vice president of Electronic Commerce Product Management and Marketing for CheckFree. ''Working with Home Account, CheckFree will not only provide a highly cost-effective option to present and pay bills via the Internet to Home Account's Customers, but this continues to expand CheckFree's distribution channels to reach an even wider audience of consumers.''
About CheckFree
Founded in 1981, CheckFree (www.checkfree.com), the operating subsidiary of CheckFree Holdings Corp., is the leading provider of electronic commerce services, software and related products for more than 2.8 million consumers, 1,000 businesses and 850 financial institutions. CheckFree designs, develops and markets services that enable its customers to make electronic payments and collections, automate paper-based recurring financial transactions and conduct secure transactions on the Internet. CheckFree is headquartered in Atlanta, GA.
CheckFree has contracts with 49 of the nation's top 100 billers, including Ameren (Union Electric), American Electric Power, AT&T, Avista Utilities (Washington Water Power), BellSouth, Boston Edison, Chase Credit Card, Chase Mortgage, Columbia Gas of Ohio, Consumers' Energy, Countrywide Home Loans Inc., Cox Communications, CUNA Mutual Group, Florida Power & Light, GPU Energy, GTE, HomeSide Lending, Illinois Power, International Billing Services, MCI WorldCom, Nevada Power, Northeast Utilities, Northern Illinois Gas, Public Service Company of New Mexico, PGE, Small Business Administration, Southern California Edison, Southern Co., and Total System Services Inc.
About Home Account
Home Account Network, Inc. delivers home banking, financial management and electronic commerce solutions to banks, brokers and other financial institutions. Home Account's products include: Canopy Server(TM), an OFX (Open Financial Exchange) financial services platform that allows distribution of services through multiple channels; Internet application servers for banking, bill payment, investments and financial planning; Canopy Clients(TM), a series of financial management user interfaces available in Java and HTML; and the Canopy Advisor(TM), a strategic financial management system for use by individuals and financial professionals. Although Home Account's products are designed as components that can operate separately, the combined Home Account product suite - the Canopy Continuum(TM) - provides an integrated customer relationship management system that assists financial institutions in building profitable, long-term relationships with their customers.
Home Account is headquartered in Emeryville, CA, with offices in Charleston, SC, and Atlanta, GA. Home Account includes among its technology partners Sun Microsystems, Oracle Corporation, and Forte Software.
Please see Home Account's website at homeaccount.com.
Home Account, Canopy Server, Canopy Advisor, Canopy Clients and Canopy Continuum are trademarks of Home Account Network, Inc. Anysourcing is a service mark of Home Account Network, Inc.
Contact: Pat Ancipink of The Stephenson Group, 908-439-3660, pancipink@stephensongroup.com, for Home Account; or Media Relations: Laurinda Wilson of CheckFree, 770-840-1608, lwilson@checkfree.com.
SOURCE: Home Account Network, Inc. |
