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Technology Stocks : CheckFree (CKFR)

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To: MGV who wrote (5651)7/6/1998 8:35:00 PM
From: Benny Baga   of 8545
 
>>>That is, Crestar presumes to have taken CKFR out of the equation with its bill pay customers simply by making the investment in the open exchange compatible system it implemented.

The way I read the article, CheckFree is still doing bill pay for Crestar, but consumers are not signing up directly with CheckFree, they go through the bank. I imagine when a consumer signs up directly with CF, it requires more information, location, etc., in addition banks are not involved in these CF/consumer relationships, and they want to be, Banks want control over everything.

Benny(IMHO)
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