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Technology Stocks : CheckFree (CKFR)

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To: micny who wrote (6922)8/19/1998 6:59:00 AM
From: TLindt   of 8545
 
One more standard?

pubs.cmpnet.com

Efforts are also under way to devise standards for Internet billing. The National Automation Clearing House Association (NACHA) just signed an agreement with the Banking Industry technology Secretariat (BITS) to develop a series of best-practice guidelines for Internet bill presentment of all kinds. Interoperability will be a key focus of the newly formed Bill Payment Council.

I don't know how accurate that is becuase of this...

Electronic Data Systems (EDS) is among a growing list of players in the nascent market for Internet-based billing. Most notably, Microsoft and First Data Corp., through a partnership called MSFDC, have launched a series of pilots aimed at providing bills to consumers. AT&T, Intuit and Just-in-Time Solutions are also working together on a competing system, and IBM is working on solutions through its banking customer base. In addition, CheckFree Corp. has begun offering a so-called E-Bill service and is attempting to leverage existing relationships with billing companies.

That entire sentance above in bold should have been...

Checkfree, Intuit and Just-in Time Solutions are also working together on a competing system, and IBM and CheckFree are working with a Banking Consortum, Integion, to bring solutions through the Bank customer base. In addition, CheckFree Corp. has begun offering an E-Bill service attempting to leverage existing relationships with billing companies, among them AT&T.

Until these 'peckerheads' get the story straight I'm a buyer...when the story is reported correctly...I'm gonna sell into....IMHO.

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