CheckFree Holdings Corp. (CKFR), the next Dell, Intel? Message Board

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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

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To: Harp who wrote (7317)	6/28/1999 3:36:00 PM
From: TLindt	Read Replies (1) of 20297

assuming it is true who does this help? seems like TP is a winner in this. prior to this announcement there was virtually no hope for interoperability between CKFR and TP. billers would have to be a little be nuts to have TP do their presentment since CKFRs network was far more reaching. TP probably would have to change it's business model drastically to cross present with CKFR. Well if they even knew what was going on....and granted nobody has all that firm of handle on it either at this time. They could have just backed up a bit and read some of what the had already written on the topic 5 weeks ago...re Bank One and EDS. I still think it's a Control Issue...and it's these banks against technology service providers CKFR included. May 17, 1999, Issue: 734 Section: Behind The News -------------------------------------------------------------------------------- Bank One Bills Online Gregory Dalton Bank One Corp. is partnering with EDS to provide Internet billing technology and services to the bank's business customers as part of its cash-management operations. EDS will accept billing data from Bank One's business clients and make it available to their customers via a Web site that the companies outsource to EDS, which also will pass the data to bill consolidators such as CheckFree Corp. and TransPoint LLC. Dan Twing, VP of financial E-commerce services at EDS, says the service-bureau approach saves billers from having to support separate connections to bill consolidators. EDS will provide Bank One's business customers with its proprietary software for payment, legacy integration, and other functions, along with third-party products such as a bill-rendering engine from Blue Gill Technologies Inc. EDS will assess a one-time implementation charge, a monthly fee for maintaining the Web site, and a transaction fee for each bill. Bills paid online will be routed through Bank One, along with checks and other payments the bank collects on behalf of its business clients. "Our customers are saying, 'Help me with this,'" says Bob Wilson, senior VP of cash management at Bank One (April 19, p. 18; www.informationweek. com/730/bill.htm). Copyright ® 1999 CMP Media Inc. techweb.com

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