Frank Coluccio Technology Forum - ASAP Message Board

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Technology Stocks : Frank Coluccio Technology Forum - ASAP

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To: Frank A. Coluccio who wrote (299)	11/10/1999 7:33:00 AM
From: Benny Baga	of 1782

>>>>VISA and Master Card would like to sink their teeth into this pie. And so would a half dozen other large banking consortia, outside the two I just mentioned. Well, the only thing slower moving than a bank, is a consortia of banks. IMHO, it will be more like FDC and the Credit Card industry, only a third party will be able to gain the scale needed for success. Today only 2 of the Top 10 banks have bill presentment, both outsource to CheckFree. Wingspan, NetBank, American Express, Schwab all offer free bill pay (and some presentment), all outsource to CheckFree. Benny(IMHO)

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